Klondike Gold (CVE:KG) Shares Down 9.1% – Here’s What Happened

Klondike Gold Corp. (CVE:KG) was down 9.1% during trading on Friday . The company traded as low as C$0.10 and last traded at C$0.10. Approximately 329,050 shares were traded during trading, an increase of 159% from the average daily volume of 126,978 shares. The stock had previously closed at C$0.11.

Klondike Gold Trading Down 9.1%

The firm has a fifty day moving average of C$0.11 and a two-hundred day moving average of C$0.10. The company 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 current ratio of 3.84, a quick ratio of 2.09 and a debt-to-equity ratio of 0.38.

Klondike Gold Company Profile

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.