Klondike Silver (CVE:KS) Shares Down 14.3% – Time to Sell?

by · The Markets Daily

Klondike Silver Corp. (CVE:KS – Get Free Report)’s stock price dropped 14.3% during mid-day trading on Thursday . The stock traded as low as C$0.03 and last traded at C$0.03. Approximately 1,957,292 shares changed hands during trading, an increase of 128% from the average daily volume of 859,918 shares. The stock had previously closed at C$0.04.

Klondike Silver Price Performance

The stock has a fifty day moving average price of C$0.03 and a 200-day moving average price of C$0.03. 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 capitalization of C$9.41 million, a PE ratio of -7.62 and a beta of 2.11.

Klondike Silver Company Profile

(Get Free Report)

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.

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