K2 Gold (CVE:KTO) Shares Down 5.4% – Here’s What Happened

K2 Gold Co. (CVE:KTOGet Free Report) shares were down 5.4% on Wednesday . The stock traded as low as C$0.17 and last traded at C$0.18. Approximately 177,500 shares traded hands during trading, a decline of 17% from the average daily volume of 212,880 shares. The stock had previously closed at C$0.19.

K2 Gold Stock Down 5.4 %

The stock has a market capitalization of C$22.12 million, a P/E ratio of -26.60 and a beta of 0.84. The business’s 50 day simple moving average is C$0.18 and its two-hundred day simple moving average is C$0.14.

About K2 Gold

(Get Free Report)

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.

Further Reading

Receive News & Ratings for K2 Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for K2 Gold and related companies with MarketBeat.com's FREE daily email newsletter.