K2 Gold (CVE:KTO) Hits New 12-Month High – Still a Buy?

Shares of K2 Gold Co. (CVE:KTOGet Free Report) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as C$0.77 and last traded at C$0.76, with a volume of 216621 shares traded. The stock had previously closed at C$0.72.

K2 Gold Stock Up 8.3%

The stock has a market cap of C$148.83 million, a PE ratio of -78.00 and a beta of -0.20. The stock has a fifty day moving average of C$0.50 and a 200-day moving average of C$0.41.

K2 Gold Company Profile

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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.

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