K2 Gold Co. (CVE:KTO – Get Free Report) shares were down 1.2% on Wednesday. The company traded as low as C$0.81 and last traded at C$0.82. 44,195 shares changed hands during mid-day trading, a decline of 83% from the average session volume of 262,923 shares. The stock had previously closed at C$0.83.
K2 Gold Stock Down 3.7%
The company has a quick ratio of 2.32, a current ratio of 24.54 and a debt-to-equity ratio of 0.23. The firm has a market capitalization of C$208.04 million, a PE ratio of -19.75 and a beta of 1.61. The business’s 50-day moving average price is C$0.82 and its 200-day moving average price is C$0.77.
K2 Gold Company Profile
K2 Gold Corporation, a junior mineral exploration company, acquires, explores for, and evaluates gold exploration projects in Canada and the United States. It also explores for silver metal. The company's flagship property is the Mojave Gold project that covers an area of approximately 5,780 hectares located in California. The company was formerly known as West Melville Metals Inc and changed its name to K2 Gold Corporation in November 2016. K2 Gold Corporation was incorporated in 2011 and is headquartered in Vancouver, Canada.
Recommended Stories
- Five stocks we like better than K2 Gold
- Saddle Up: Texas Stock Exchange Ropes In $80 Billion in Listings
- Why Concentra’s Quiet Healthcare Business Keeps Winning
- Inhibrx’s Insider Buying Adds Fuel to a High-Short-Interest Biotech Setup
- Alamos Gold’s 1 Million-Ounce Growth Story Is Hiding in Plain Sight
Receive News & Ratings for K2 Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for K2 Gold and related companies with MarketBeat.com's FREE daily email newsletter.
