Klondike Silver (CVE:KS) Shares Down 33.3% – Here’s What Happened

Klondike Silver Corp. (CVE:KS) dropped 33.3% during trading on Wednesday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 1,962,946 shares changed hands during trading, an increase of 454% from the average daily volume of 354,154 shares. The stock had previously closed at C$0.03.

Klondike Silver Price Performance

The stock has a market cap of C$6.72 million, a price-to-earnings ratio of -7.62 and a beta of 2.25. 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 company has a 50-day simple moving average of C$0.03 and a two-hundred day simple moving average of 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.