Klondike Silver (CVE:KS) Trading 100% Higher – Time to Buy?

Klondike Silver Corp. (CVE:KS) shares shot up 100% on Thursday . The stock traded as high as C$0.04 and last traded at C$0.04. 4,777,926 shares traded hands during trading, an increase of 697% from the average session volume of 599,699 shares. The stock had previously closed at C$0.02.

Klondike Silver Stock Performance

The stock has a market capitalization of C$9.41 million, a price-to-earnings ratio of -13.33 and a beta of 2.71. 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 stock has a fifty day simple moving average of C$0.02 and a two-hundred day simple moving average of C$0.02.

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.