Klondike Gold (CVE:KG) Trading Up 14.3% – What’s Next?

Klondike Gold Corp. (CVE:KG)’s stock price was up 14.3% on Friday . The company traded as high as C$0.25 and last traded at C$0.24. Approximately 534,951 shares changed hands during mid-day trading, an increase of 62% from the average daily volume of 329,438 shares. The stock had previously closed at C$0.21.

Klondike Gold Stock Performance

The stock has a market cap of C$64.74 million, a price-to-earnings ratio of -8.00 and a beta of -0.39. The company has a debt-to-equity ratio of 0.38, a current ratio of 3.84 and a quick ratio of 2.09. The stock’s 50-day moving average is C$0.14 and its 200-day moving average is C$0.12.

About Klondike Gold

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.