K2 Gold Co. (CVE:KTO – Get Free Report)’s stock price was up 10.1% during mid-day trading on Tuesday. The company traded as high as C$0.80 and last traded at C$0.76. 439,185 shares were traded during trading, an increase of 70% from the average daily volume of 258,188 shares. The stock had previously closed at C$0.69.
K2 Gold Stock Performance
The stock has a market cap of C$218.58 million, a PE ratio of -20.75 and a beta of 1.41. The company has a fifty day moving average price of C$0.83 and a 200 day moving average price of C$0.78. The company has a quick ratio of 2.32, a current ratio of 24.54 and a debt-to-equity ratio of 0.23.
About K2 Gold
K2 Gold Corporation, a junior mineral exploration company, acquires, explores for, and evaluates gold exploration projects in Canada and the United States. It also explores for silver metal. The company's flagship property is the Mojave Gold project that covers an area of approximately 5,780 hectares located in California. The company was formerly known as West Melville Metals Inc and changed its name to K2 Gold Corporation in November 2016. K2 Gold Corporation was incorporated in 2011 and is headquartered in Vancouver, Canada.
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