K2 Gold Co. (CVE:KTO – Get Free Report) shares rose 27.8% during mid-day trading on Tuesday . The stock traded as high as C$0.12 and last traded at C$0.12. Approximately 119,000 shares changed hands during trading, an increase of 75% from the average daily volume of 67,923 shares. The stock had previously closed at C$0.09.
K2 Gold Stock Performance
The company has a debt-to-equity ratio of 0.24, a quick ratio of 2.32 and a current ratio of 2.65. The firm’s 50 day simple moving average is C$0.09 and its 200-day simple moving average is C$0.10. The company has a market cap of C$11.80 million, a price-to-earnings ratio of -10.00 and a beta of 0.84.
About K2 Gold
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.
Recommended Stories
- Five stocks we like better than K2 Gold
- The Top 3 Healthcare Dividend Stocks to Buy and Hold
- Does A&F’s Q2 Earnings Win Point to a Strong Holiday Season?
- Trading Halts Explained
- Best Buy Stock Flashes Bullish Signal, Challenges Remain
- 3 Small Caps With Big Return Potential
- Affirm Shows Buy-Now-Pay-Later Is Here to Stay in Latest Results
Receive News & Ratings for K2 Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for K2 Gold and related companies with MarketBeat.com's FREE daily email newsletter.
