Klondike Gold (CVE:KG) Shares Up 26.9% – Should You Buy?

Klondike Gold Corp. (CVE:KGGet Free Report)’s share price rose 26.9% during trading on Tuesday . The company traded as high as C$0.17 and last traded at C$0.17. Approximately 1,531,074 shares were traded during trading, an increase of 297% from the average daily volume of 385,397 shares. The stock had previously closed at C$0.13.

Klondike Gold Price Performance

The stock has a market capitalization of C$43.09 million, a price-to-earnings ratio of -8.00 and a beta of -0.55. The company has a debt-to-equity ratio of 0.38, a quick ratio of 2.09 and a current ratio of 3.84. The company has a fifty day simple moving average of C$0.10 and a two-hundred day simple moving average of C$0.11.

Klondike Gold Company Profile

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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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