Shares of K2 Gold Co. (CVE:KTO – Get Free Report) shot up 9.1% during trading on Thursday . The stock traded as high as C$0.12 and last traded at C$0.12. 38,626 shares changed hands during trading, a decline of 45% from the average session volume of 70,150 shares. The stock had previously closed at C$0.11.
K2 Gold Stock Performance
The stock’s 50 day simple moving average is C$0.11 and its two-hundred day simple moving average is C$0.10. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.78 and a quick ratio of 2.32. The stock has a market cap of C$14.75 million, a P/E ratio of -12.50 and a beta of 0.84.
K2 Gold Company Profile
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.
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