Klondike Gold (CVE:KG) Trading Down 15% – Time to Sell?

by · The Cerbat Gem

Klondike Gold Corp. (CVE:KG – Get Free Report) shares traded down 15% during trading on Thursday . The stock traded as low as C$0.09 and last traded at C$0.09. 333,054 shares were traded during trading, an increase of 164% from the average session volume of 126,128 shares. The stock had previously closed at C$0.10.

Klondike Gold Stock Performance

The company has a quick ratio of 2.09, a current ratio of 3.84 and a debt-to-equity ratio of 0.38. The business’s fifty day moving average is C$0.11 and its two-hundred day moving average is C$0.10. The firm has a market cap of C$21.55 million, a price-to-earnings ratio of -8.00 and a beta of -0.59.

About Klondike Gold

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Klondike Gold Corp., a resource exploration company, engages in the acquisition, exploration, and development of mineral properties in Canada. The company primarily explores for gold. Its flagship project is the 100% owned Klondike District gold project located in Dawson City, Yukon Territory. The company was formerly known as Arbor Resources Inc and changed its name to Klondike Gold Corp.

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