K9 Gold (CVE:KNC) Stock Price Up 4.8% – Should You Buy?

K9 Gold Corp. (CVE:KNC)’s stock price traded up 4.8% during mid-day trading on Tuesday . The company traded as high as C$0.11 and last traded at C$0.11. 30,100 shares traded hands during trading, an increase of 50% from the average session volume of 20,015 shares. The stock had previously closed at C$0.11.

K9 Gold Stock Up 13.6 %

The company has a fifty day simple moving average of C$0.10 and a 200 day simple moving average of C$0.09. The firm has a market capitalization of C$1.13 million, a P/E ratio of -0.52 and a beta of 0.47.

K9 Gold Company Profile

K9 Gold Corp. engages in the identification, acquisition, and exploration of mineral interests in Canada and the United States. It explores for gold, vanadium, lithium, and uranium deposits. The company holds interests in the Stony Lake East Gold project that includes 8 mineral licenses covering an area of 13,625 hectares located in the province of Newfoundland and Labrador; the Desert Eagle project, which comprises 97 lode claims covering an area of 2,004 acres situated in Garfield County, Utah; and the James Bay lithium project located in the La Grande sub-province in Quebec.