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

Klondike Silver Corp. (CVE:KS)’s share price dropped 33.3% during mid-day trading on Tuesday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 295,666 shares traded hands during trading, a decline of 23% from the average daily volume of 382,077 shares. The stock had previously closed at C$0.03.

Klondike Silver Trading Down 33.3%

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 market capitalization of C$5.38 million, a price-to-earnings ratio of -7.62 and a beta of 2.11. The business’s 50-day simple moving average is C$0.03 and its 200-day simple moving average is 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.