Klondike Gold Corp. (CVE:KG – Get Free Report) shot up 25% during mid-day trading on Monday . The stock traded as high as C$0.08 and last traded at C$0.08. 277,406 shares traded hands during 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 Price Performance
The business has a fifty day moving average price of C$0.07 and a 200 day moving average price of C$0.08. The company has a debt-to-equity ratio of 0.38, a current ratio of 3.84 and a quick ratio of 2.09. The company has a market capitalization of C$15.52 million, a price-to-earnings ratio of -8.00 and a beta of 0.85.
Insiders Place Their Bets
In other news, Director Peter Tallman bought 400,000 shares of the firm’s stock in a transaction on Friday, November 29th. The stock was bought at an average cost of C$0.07 per share, for a total transaction of C$26,000.00. 11.16% of the stock is currently owned by company insiders.
About Klondike Gold
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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