K9 Gold Corp. (CVE:KNC – Get Free Report)’s share price was up 30% on Wednesday . The company traded as high as C$0.53 and last traded at C$0.39. Approximately 355,150 shares changed hands during mid-day trading, an increase of 1,064% from the average daily volume of 30,522 shares. The stock had previously closed at C$0.30.
K9 Gold Stock Down 19.1%
The business’s 50-day moving average is C$0.16 and its two-hundred day moving average is C$0.13. The company has a market capitalization of C$2.95 million, a P/E ratio of -0.39 and a beta of 1.32.
About K9 Gold
K9 Gold Corp. engages in the identification, acquisition, and exploration of mineral interests in Canada and the United States. It explores for gold, vanadium, lithium, and uranium deposits. The company holds interests in the Stony Lake East Gold project that includes 8 mineral licenses covering an area of 13,625 hectares located in the province of Newfoundland and Labrador; the Desert Eagle project, which comprises 97 lode claims covering an area of 2,004 acres situated in Garfield County, Utah; and the James Bay lithium project located in the La Grande sub-province in Quebec.
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