Klondike Silver (CVE:KS) Shares Down 12.5% – What’s Next?

Shares of Klondike Silver Corp. (CVE:KS) dropped 12.5% during trading on Tuesday . The company traded as low as C$0.04 and last traded at C$0.04. Approximately 287,929 shares traded hands during mid-day trading, a decline of 70% from the average daily volume of 953,238 shares. The stock had previously closed at C$0.04.

Klondike Silver Stock Performance

The firm has a market capitalization of C$9.41 million, a PE ratio of -7.62 and a beta of 2.46. The company has a debt-to-equity ratio of 23.34, a current ratio of 0.02 and a quick ratio of 0.20. The stock has a 50-day moving average price of C$0.03 and a 200-day moving average price of C$0.03.

Klondike Silver Company Profile

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.