Klondike Gold Corp. (CVE:KG – Get Free Report) Director Peter Tallman sold 1,250,000 shares of the business’s stock in a transaction dated Friday, September 4th. The shares were sold at an average price of C$0.17, for a total transaction of C$212,500.00. Following the completion of the transaction, the director owned 27,623,403 shares in the company, valued at approximately C$4,695,978.51. This trade represents a 4.33% decrease in their ownership of the stock.
Klondike Gold Price Performance
Shares of Klondike Gold stock opened at C$0.17 on Monday. The stock has a market capitalization of C$45.89 million, a price-to-earnings ratio of -8.00 and a beta of 0.20. The firm’s 50-day moving average price is C$0.16 and its two-hundred day moving average price is C$0.18. The company has a current ratio of 3.84, a quick ratio of 2.08 and a debt-to-equity ratio of 0.38. Klondike Gold Corp. has a 1-year low of C$0.08 and a 1-year high of C$0.31.
Analysts Set New Price Targets
Separately, Fundamental Research set a C$0.59 price target on Klondike Gold and gave the stock a “buy” rating in a research report on Tuesday, June 16th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat.com, Klondike Gold has a consensus rating of “Buy” and an average target price of C$0.59.
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.
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