Klondike Silver (CVE:KS) Stock Price Down 22.2% – Here’s What Happened

Shares of Klondike Silver Corp. (CVE:KS) dropped 22.2% during trading on Tuesday . The company traded as low as C$0.04 and last traded at C$0.04. Approximately 1,522,401 shares traded hands during trading, an increase of 41% from the average daily volume of 1,081,708 shares. The stock had previously closed at C$0.05.

Klondike Silver Stock Performance

The company has a current ratio of 0.02, a quick ratio of 0.20 and a debt-to-equity ratio of 23.34. The stock’s 50-day simple moving average is C$0.03 and its 200-day simple moving average is C$0.03. The stock has a market cap of C$10.76 million, a price-to-earnings ratio of -7.62 and a beta of 2.46.

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.