Klondike Gold (CVE:KG) Trading Down 9.5%

Klondike Gold Corp. (CVE:KGGet Free Report) dropped 9.5% on Wednesday . The stock traded as low as C$0.10 and last traded at C$0.10. Approximately 289,500 shares were traded during mid-day trading, an increase of 247% from the average daily volume of 83,397 shares. The stock had previously closed at C$0.11.

Klondike Gold Price Performance

The company has a debt-to-equity ratio of 0.65, a quick ratio of 2.09 and a current ratio of 1.53. The firm has a market cap of C$17.27 million, a P/E ratio of -10.50 and a beta of 0.90. The business has a 50-day simple moving average of C$0.09 and a 200 day simple moving average of C$0.08.

Klondike Gold Company Profile

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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. It focuses on its 100% owned Klondike District Gold Project located in Dawson City, Yukon. The company was formerly known as Arbor Resources Inc and changed its name to Klondike Gold Corp.

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