Klondike Silver (CVE:KS) Shares Down 16.7% – Here’s What Happened

Klondike Silver Corp. (CVE:KS) shares dropped 16.7% during trading on Friday . The stock traded as low as C$0.03 and last traded at C$0.03. Approximately 643,180 shares traded hands during mid-day trading, an increase of 93% from the average daily volume of 333,790 shares. The stock had previously closed at C$0.03.

Klondike Silver Stock Down 16.7%

The stock’s 50 day simple moving average is C$0.03 and its two-hundred day simple moving average is C$0.03. The firm has a market cap of C$6.72 million, a P/E ratio of -7.62 and a beta of 1.62. The company has a debt-to-equity ratio of 23.34, a current ratio of 0.02 and a quick ratio of 0.20.

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.