Klondike Gold (CVE:KG) Shares Down 13.3% – Should You Sell?

Shares of Klondike Gold Corp. (CVE:KGGet Free Report) were down 13.3% during trading on Tuesday . The stock traded as low as C$0.07 and last traded at C$0.07. Approximately 136,500 shares traded hands during trading, an increase of 54% from the average daily volume of 88,362 shares. The stock had previously closed at C$0.08.

Klondike Gold Stock Performance

The stock has a market cap of C$13.45 million, a P/E ratio of -8.00 and a beta of 0.85. The firm’s 50-day moving average is C$0.07 and its two-hundred day moving average is C$0.08. The company has a quick ratio of 2.09, a current ratio of 3.84 and a debt-to-equity ratio of 0.38.

Insider Activity at Klondike Gold

In other news, Director Peter Tallman purchased 400,000 shares of the company’s stock in a transaction dated Friday, November 29th. The shares were 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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