Klondike Silver (CVE:KS) Shares Down 22.2% – What’s Next?

Klondike Silver Corp. (CVE:KS)’s stock price fell 22.2% during trading on Tuesday . The stock traded as low as C$0.04 and last traded at C$0.04. 1,522,401 shares were traded during trading, an increase of 41% from the average session volume of 1,081,708 shares. The stock had previously closed at C$0.05.

Klondike Silver Stock Down 22.2%

The firm’s 50-day simple moving average is C$0.03 and its 200-day simple moving average is C$0.03. 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$9.41 million, a price-to-earnings ratio of -7.62 and a beta of 2.11.

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