Klondike Silver (CVE:KS) Stock Price Down 20% – Should You Sell?

Klondike Silver Corp. (CVE:KS – Get Free Report) dropped 20% on Wednesday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 212,000 shares changed hands during trading, a decline of 42% from the average daily volume of 367,774 shares. The stock had previously closed at C$0.03.

Klondike Silver Stock Down 20.0%

The company has a debt-to-equity ratio of 23.34, a quick ratio of 0.20 and a current ratio of 0.02. The firm has a market cap of C$5.38 million, a price-to-earnings ratio of -7.62 and a beta of 2.19. The firm has a 50-day moving average price of C$0.03 and a two-hundred day moving average price of C$0.03.

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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