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

Klondike Gold Corp. (CVE:KGGet Free Report) shares traded down 15% on Thursday . The stock traded as low as C$0.09 and last traded at C$0.09. 333,054 shares traded hands during trading, an increase of 164% from the average session volume of 126,128 shares. The stock had previously closed at C$0.10.

Klondike Gold Stock Down 20.0%

The company has a market capitalization of C$18.81 million, a P/E ratio of -8.00 and a beta of -0.59. The firm’s 50 day moving average price is C$0.11 and its two-hundred day moving average price is C$0.10. The company has a current ratio of 3.84, a quick ratio of 2.09 and a debt-to-equity ratio of 0.38.

Klondike Gold Company Profile

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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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