Klondike Silver (CVE:KS) Shares Up 12.5% – Here’s Why

Klondike Silver Corp. (CVE:KS) was up 12.5% during trading on Thursday . The company traded as high as C$0.05 and last traded at C$0.05. Approximately 906,552 shares changed hands during mid-day trading, an increase of 13% from the average daily volume of 801,556 shares. The stock had previously closed at C$0.04.

Klondike Silver Trading Up 12.5%

The business’s 50-day simple moving average is C$0.03 and its two-hundred day simple moving average is C$0.03. The firm has a market capitalization of C$12.10 million, a price-to-earnings ratio of -48.54 and a beta of 2.46. The company has a quick ratio of 0.20, a current ratio of 0.02 and a debt-to-equity ratio of 23.34.

About Klondike Silver

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. Klondike Silver Corp. was incorporated in 2005 and is based in Vancouver, Canada.