Klondike Gold (CVE:KG) Trading Up 30.8% – Should You Buy?

Klondike Gold Corp. (CVE:KGGet Free Report)’s stock price rose 30.8% during mid-day trading on Tuesday . The stock traded as high as C$0.17 and last traded at C$0.17. Approximately 1,601,581 shares were traded during trading, an increase of 303% from the average daily volume of 397,142 shares. The stock had previously closed at C$0.13.

Klondike Gold Price Performance

The company has a current ratio of 3.84, a quick ratio of 2.09 and a debt-to-equity ratio of 0.38. The business has a 50-day moving average of C$0.11 and a 200 day moving average of C$0.11. The firm has a market capitalization of C$43.09 million, a PE ratio of -8.00 and a beta of -0.55.

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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