Keweenaw Land Association, Limited
KEWL
Other OTC59.33
USD
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Keweenaw Land Association, Limited
KEWL
(Other OTC)
Recent
price
59.33
P/E
ratio
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div
yld
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ROIC.AI
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Similar Companies
- Business
- Keweenaw Land Association, Limited (KEWL) operates as a mineral land management company that owns and leases approximately 1.1 million acres of mineral rights predominantly in the western Upper Peninsula of Michigan, including Alger, Baraga, Chippewa, Delta, Dickinson, Gogebic, Houghton, Iron, Keweenaw, Marquette, Menominee, Ontonagon, and Schoolcraft counties, as well as northern Wisconsin; it generates revenue through mineral royalties, leases, and project generation opportunities in the diversified metals and mining sector, with its flagship asset comprising a lease and royalty agreement covering nearly 100% of the mineral rights underlying Highland Copper Company's Copperwood copper development project. Founded in 1865 through a U.S. Congressional land grant to finance a ship canal and headquartered in Ironwood, Michigan, the company previously managed forest products and timberland assets serving industrial and recreational markets before divesting those holdings. Recent developments include the July 2024 acquisition of 667,300 acres of unencumbered severed mineral properties across Michigan's Upper Peninsula for $970,000, more than doubling its managed acreage and enhancing contiguity under key projects like Copperwood; a June 2024 repurchase of 51,633 shares at $27 each from a significant shareholder, reducing shares outstanding by 4.3%; a May 2025 option agreement with Hybrid Hydrogen Inc. granting a three-year lease option on 5,742 acres in Dickinson County for hydrogen exploration; and a June 2025 10-year mineral management agreement with a local family trust shareholder, featuring two five-year extensions to scale operations asset-light.
The Market Mechanics of Short Interest
Keweenaw Land Announces Final Vote Results on Matters Before the 2021 Special Meeting of Shareholders
Small And Microcap Newsletter: DHT Holdings Financials Give It Time Until The Next Tanker Bull Market
Keweenaw Land Association: Liquidated Timber Assets Leave An Intriguing Royalty Play Behind
Keweenaw Land Announces Acquisition Of 29,071 Acres Of Mineral Properties In Michigan And Wisconsin