Klondike Gold (CVE:KG) Shares Down 13% – Here’s Why

Klondike Gold Corp. (CVE:KGGet Free Report) traded down 13% on Friday . The stock traded as low as C$0.10 and last traded at C$0.10. 337,050 shares were traded during mid-day trading, an increase of 163% from the average session volume of 127,986 shares. The stock had previously closed at C$0.12.

Klondike Gold Stock Down 13.0%

The stock has a fifty day moving average price of C$0.11 and a 200-day moving average price of C$0.10. The firm has a market cap of C$25.35 million, a PE ratio of -8.00 and a beta of -0.59. The company has a debt-to-equity ratio of 0.38, a quick ratio of 2.09 and a current ratio of 3.84.

About Klondike Gold

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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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