Klondike Silver (CVE:KS) Shares Down 14.3% – Here’s Why

Klondike Silver Corp. (CVE:KSGet Free Report)’s share price dropped 14.3% during trading on Wednesday . The company traded as low as C$0.03 and last traded at C$0.03. Approximately 1,926,292 shares traded hands during trading, an increase of 125% from the average daily volume of 856,474 shares. The stock had previously closed at C$0.04.

Klondike Silver Price Performance

The firm has a fifty day simple moving average of C$0.03 and a two-hundred day simple moving average of C$0.03. The company has a debt-to-equity ratio of 23.34, a quick ratio of 0.20 and a current ratio of 0.02. The firm has a market cap of C$8.07 million, a PE ratio of -7.62 and a beta of 2.11.

Klondike Silver Company Profile

(Get Free Report)

Klondike Silver Corp., a resource exploration stage company, engages in the acquisition, exploration, and development of mineral properties in Canada. It explores for silver, lead, and zinc deposits. The company primarily owns a 100% interest in the Slocan Silver camp that covers an area of approximately 114 square kilometers located in south-eastern British Columbia. Klondike Silver Corp. was incorporated in 2005 and is based in Vancouver, Canada.

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