Klondike Silver (CVE:KS) Trading Down 14.3% – Should You Sell?
by Kim Johansen · The Markets DailyKlondike Silver Corp. (CVE:KS – Get Free Report)’s share price was down 14.3% during mid-day trading on Wednesday . The stock traded as low as C$0.03 and last traded at C$0.03. Approximately 1,926,292 shares changed hands during trading, an increase of 125% from the average daily volume of 856,474 shares. The stock had previously closed at C$0.04.
Klondike Silver Stock Performance
The company’s 50-day moving average is C$0.03 and its two-hundred day moving average is 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 company has a market cap of C$8.07 million, a P/E ratio of -7.62 and a beta of 2.11.
About Klondike Silver
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. Klondike Silver Corp. was incorporated in 2005 and is based in Vancouver, Canada.