Klondike Gold (CVE:KG) Trading Up 25% – Here’s What Happened

Klondike Gold Corp. (CVE:KGGet Free Report)’s share price traded up 25% on Monday . The company traded as high as C$0.08 and last traded at C$0.08. 277,406 shares traded hands during mid-day trading, an increase of 176% from the average session volume of 100,483 shares. The stock had previously closed at C$0.06.

Klondike Gold Trading Up 25.0 %

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 firm has a market capitalization of C$15.52 million, a price-to-earnings ratio of -8.00 and a beta of 0.85. The business has a 50-day moving average of C$0.07 and a two-hundred day moving average of C$0.08.

Insider Buying and Selling at Klondike Gold

In other news, Director Peter Tallman acquired 400,000 shares of the company’s stock in a transaction dated Friday, November 29th. The stock was bought at an average price of C$0.07 per share, with a total value of C$26,000.00. Insiders own 11.16% of the company’s stock.

Klondike Gold Company Profile

(Get Free Report)

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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