Klondike Gold (CVE:KG) Sets New 52-Week Low – What’s Next?

Klondike Gold Corp. (CVE:KGGet Free Report) reached a new 52-week low on Tuesday . The stock traded as low as C$0.06 and last traded at C$0.06, with a volume of 350018 shares trading hands. The stock had previously closed at C$0.07.

Klondike Gold Stock Performance

The business’s fifty day moving average is C$0.07 and its two-hundred day moving average is C$0.08. The company has a quick ratio of 2.09, a current ratio of 3.84 and a debt-to-equity ratio of 0.38. The stock has a market capitalization of C$12.42 million, a PE ratio of -8.00 and a beta of 0.85.

Klondike Gold Company Profile

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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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