K2 Gold Co. (CVE:KTO – Get Free Report)’s stock price crossed above its 200-day moving average during trading on Tuesday. The stock has a 200-day moving average of C$0.77 and traded as high as C$0.80. K2 Gold shares last traded at C$0.79, with a volume of 176,942 shares changing hands.
K2 Gold Trading Down 2.7%
The company has a debt-to-equity ratio of 0.23, a quick ratio of 2.32 and a current ratio of 24.54. The company has a market capitalization of C$186.97 million, a price-to-earnings ratio of -17.75 and a beta of 1.41. The firm has a fifty day moving average price of C$0.82 and a 200-day moving average price of C$0.77.
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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