K9 Gold Corp. (CVE:KNC) shares traded down 1.7% during trading on Tuesday . The stock traded as low as C$0.30 and last traded at C$0.30. 82,593 shares changed hands during mid-day trading, a decline of 52% from the average session volume of 170,716 shares. The stock had previously closed at C$0.30.
Separately, Fundamental Research set a C$0.65 price objective on K9 Gold and gave the company a “buy” rating in a report on Tuesday, March 16th.
K9 Gold Company Profile (CVE:KNC)
K9 Gold Corp. engages in the identification, acquisition, and exploration of mineral interests. It holds 100% interests in the Stony Lake East Gold project consisting of 8 mineral licenses covering an area of 13,625 hectares located in the Grand Falls province of Newfoundland. The company also owns interests in the Desert Eagle project comprising 97 claims covering an area of 2,004 acres located in Garfield County, Utah, the United States.
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