K2 Gold Co. (CVE:KTO – Get Free Report) shares reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as C$0.94 and last traded at C$0.91, with a volume of 223705 shares traded. The stock had previously closed at C$0.87.
K2 Gold Trading Up 6.9%
The stock’s fifty day moving average price is C$0.79 and its 200 day moving average price is C$0.77. The company has a quick ratio of 2.32, a current ratio of 24.54 and a debt-to-equity ratio of 0.23. The stock has a market cap of C$244.91 million, a PE ratio of -23.25 and a beta of 1.61.
K2 Gold Company Profile
K2 Gold Corporation, a junior mineral exploration company, acquires, explores for, and evaluates gold exploration projects in Canada and the United States. It also explores for silver metal. The company's flagship property is the Mojave Gold project that covers an area of approximately 5,780 hectares located in California. The company was formerly known as West Melville Metals Inc and changed its name to K2 Gold Corporation in November 2016. K2 Gold Corporation was incorporated in 2011 and is headquartered in Vancouver, Canada.
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