Klondike Silver (CVE:KS) Stock Price Down 22.2% – Should You Sell?

Klondike Silver Corp. (CVE:KS) dropped 22.2% on Monday . The company traded as low as C$0.04 and last traded at C$0.04. Approximately 730,201 shares traded hands during mid-day trading, a decline of 28% from the average daily volume of 1,015,600 shares. The stock had previously closed at C$0.05.

Klondike Silver Trading Down 22.2%

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 stock has a market cap of C$9.41 million, a P/E ratio of -7.62 and a beta of 2.11. The business’s 50 day simple moving average is C$0.03 and its 200 day simple moving average is C$0.03.

Klondike Silver Company Profile

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.