Klondike Silver (CVE:KS) Shares Up 25% – Time to Buy?

by · The Cerbat Gem

Shares of Klondike Silver Corp. (CVE:KS – Get Free Report) shot up 25% during mid-day trading on Monday . The company traded as high as C$0.03 and last traded at C$0.03. 238,624 shares changed hands during trading, a decline of 34% from the average session volume of 361,192 shares. The stock had previously closed at C$0.02.

Klondike Silver Stock Performance

The business has a 50-day moving average price of C$0.03 and a 200-day moving average price of C$0.03. The company has a quick ratio of 0.20, a current ratio of 0.02 and a debt-to-equity ratio of 23.34. The firm has a market capitalization of C$6.72 million, a price-to-earnings ratio of -7.62 and a beta of 2.19.

About Klondike Silver

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Klondike Silver Corp., a resource exploration stage company, engages in the acquisition, exploration, and development of mineral properties in Canada. It explores for silver, lead, and zinc deposits. The company primarily owns a 100% interest in the Slocan Silver camp that covers an area of approximately 114 square kilometers located in south-eastern British Columbia.

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