Klondike Gold (CVE:KG) Shares Down 6.8% – Should You Sell?

Shares of Klondike Gold Corp. (CVE:KG) traded down 6.8% during mid-day trading on Thursday . The stock traded as low as C$0.20 and last traded at C$0.21. 223,611 shares changed hands during trading, a decline of 40% from the average session volume of 375,116 shares. The stock had previously closed at C$0.22.

Klondike Gold Stock Performance

The company has a market capitalization of C$53.31 million, a price-to-earnings ratio of -8.00 and a beta of 0.60. 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 stock has a 50-day simple moving average of C$0.19 and a 200-day simple moving average of C$0.13.

Klondike Gold Company Profile

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.