Klondike Gold (CVE:KG) Trading Down 15% – Here’s Why

Klondike Gold Corp. (CVE:KGGet Free Report) shares traded down 15% during trading on Thursday . The company traded as low as C$0.09 and last traded at C$0.09. 333,054 shares traded hands during mid-day trading, an increase of 165% from the average session volume of 125,890 shares. The stock had previously closed at C$0.10.

Klondike Gold Stock Performance

The company has a market cap of C$21.55 million, a P/E ratio of -8.00 and a beta of -0.59. The business’s 50-day moving average price is C$0.11 and its 200 day moving average price is C$0.10. The company has a debt-to-equity ratio of 0.38, a quick ratio of 2.09 and a current ratio of 3.84.

About Klondike Gold

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Klondike Gold Corp., a resource exploration company, engages in the acquisition, exploration, and development of mineral properties in Canada. The company primarily explores for gold. Its flagship project is the 100% owned Klondike District gold project located in Dawson City, Yukon Territory. The company was formerly known as Arbor Resources Inc and changed its name to Klondike Gold Corp.

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