Klondike Gold Corp. (CVE:KG – Get Free Report) shares dropped 13.3% on Tuesday . The company traded as low as C$0.07 and last traded at C$0.07. Approximately 136,500 shares changed hands during trading, an increase of 54% from the average daily volume of 88,362 shares. The stock had previously closed at C$0.08.
Klondike Gold Price Performance
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 simple moving average is C$0.07 and its two-hundred day simple moving average is C$0.08. The stock has a market cap of C$13.45 million, a price-to-earnings ratio of -8.00 and a beta of 0.85.
Insiders Place Their Bets
In other news, Director Peter Tallman bought 400,000 shares of Klondike Gold stock in a transaction dated Friday, November 29th. The shares were bought at an average price of C$0.07 per share, for a total transaction of C$26,000.00. Corporate insiders own 11.16% of the company’s stock.
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.
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