Klondike Gold (CVE:KG) Trading 30.8% Higher – Still a Buy?

Klondike Gold Corp. (CVE:KGGet Free Report) shares were up 30.8% on Wednesday . The company traded as high as C$0.17 and last traded at C$0.17. Approximately 1,601,581 shares changed hands during trading, an increase of 303% from the average daily volume of 397,142 shares. The stock had previously closed at C$0.13.

Klondike Gold Trading Up 30.8%

The firm has a market cap of C$43.09 million, a PE ratio of -8.00 and a beta of -0.55. The company has a debt-to-equity ratio of 0.38, a quick ratio of 2.09 and a current ratio of 3.84. The company has a 50 day simple moving average of C$0.11 and a two-hundred day simple moving average of C$0.11.

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. 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. in January 1996. Klondike Gold Corp. was incorporated in 1978 and is headquartered in Vancouver, Canada.

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