Klondike Gold (CVE:KG) Trading 25% Higher – Should You Buy?

Shares of Klondike Gold Corp. (CVE:KG) were up 25% on Monday . The company traded as high as C$0.08 and last traded at C$0.08. Approximately 277,406 shares changed hands during mid-day trading, an increase of 176% from the average daily volume of 100,483 shares. The stock had previously closed at C$0.06.

Klondike Gold Price Performance

The firm has a market capitalization of C$15.52 million, a P/E ratio of -8.00 and a beta of 0.85. The company has a debt-to-equity ratio of 0.38, a quick ratio of 2.09 and a current ratio of 3.84. The stock has a 50 day moving average of C$0.07 and a two-hundred day moving average of C$0.08.

Insider Transactions at Klondike Gold

In other Klondike Gold news, Director Peter Tallman bought 400,000 shares of the firm’s stock in a transaction that occurred on Friday, November 29th. The stock was purchased at an average price of C$0.07 per share, for a total transaction of C$26,000.00. 11.16% of the stock is owned by corporate insiders.

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.