K2 Gold Co. (CVE:KTO – Get Free Report) shot up 5% during mid-day trading on Thursday . The stock traded as high as C$0.11 and last traded at C$0.11. 38,000 shares were traded during trading, a decline of 41% from the average session volume of 64,520 shares. The stock had previously closed at C$0.10.
K2 Gold Trading Up 14.3 %
The company has a quick ratio of 2.32, a current ratio of 0.78 and a debt-to-equity ratio of 0.13. The firm has a market capitalization of C$14.16 million, a PE ratio of -12.00 and a beta of 0.86. The stock’s fifty day simple moving average is C$0.10 and its 200 day simple moving average is C$0.11.
K2 Gold Company Profile
K2 Gold Corporation, a junior mineral exploration company, acquires, explores for, and evaluates gold exploration projects in Canada and the United States. It also explores for silver metal. The company's flagship property is the Mojave Gold project that covers an area of approximately 5,780 hectares located in California.
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