Klondike Silver (CVE:KS) Stock Price Down 14.3% – Here’s What Happened

Klondike Silver Corp. (CVE:KS)’s share price was down 14.3% on Wednesday . The stock traded as low as C$0.03 and last traded at C$0.03. Approximately 1,957,292 shares changed hands during mid-day trading, an increase of 129% from the average daily volume of 856,474 shares. The stock had previously closed at C$0.04.

Klondike Silver Price Performance

The firm’s fifty day moving average price is C$0.03 and its 200 day moving average price is C$0.03. The stock has a market cap of C$9.41 million, a PE ratio of -7.62 and a beta of 2.11. The company has a quick ratio of 0.20, a current ratio of 0.02 and a debt-to-equity ratio of 23.34.

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.