Klondike Gold (CVE:KG) Shares Up 30.8% – What’s Next?

Shares of Klondike Gold Corp. (CVE:KG) rose 30.8% during mid-day trading on Tuesday . The company traded as high as C$0.17 and last traded at C$0.17. Approximately 1,601,581 shares changed hands during trading, an increase of 316% from the average daily volume of 385,397 shares. The stock had previously closed at C$0.13.

Klondike Gold Trading Up 30.8%

The company has a current ratio of 3.84, a quick ratio of 2.09 and a debt-to-equity ratio of 0.38. The stock has a market capitalization of C$43.09 million, a P/E ratio of -8.00 and a beta of -0.55. The business’s fifty day simple moving average is C$0.10 and its two-hundred day simple moving average is C$0.11.

About Klondike Gold

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. in January 1996. Klondike Gold Corp. was incorporated in 1978 and is headquartered in Vancouver, Canada.