Klondike Silver (CVE:KS) Stock Price Down 16.7% – Here’s Why

Klondike Silver Corp. (CVE:KSGet Free Report)’s share price dropped 16.7% on Saturday . The stock traded as low as C$0.03 and last traded at C$0.03. Approximately 1,691,004 shares were traded during mid-day trading, an increase of 376% from the average daily volume of 355,404 shares. The stock had previously closed at C$0.03.

Klondike Silver Price Performance

The company has a debt-to-equity ratio of 23.34, a current ratio of 0.02 and a quick ratio of 0.20. The company’s 50 day simple moving average is C$0.03 and its 200 day simple moving average is C$0.03. The company has a market capitalization of C$6.72 million, a PE ratio of -7.62 and a beta of 2.25.

Klondike Silver Company Profile

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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.

Further Reading

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