Klondike Gold (CVE:KG) Reaches New 12-Month Low – Here’s What Happened

Shares of Klondike Gold Corp. (CVE:KG) hit a new 52-week low during mid-day trading on Friday . The stock traded as low as C$0.06 and last traded at C$0.06, with a volume of 133000 shares trading hands. The stock had previously closed at C$0.06.

Klondike Gold Price Performance

The business’s 50 day moving average is C$0.07 and its 200 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. The company has a market cap of C$12.42 million, a P/E ratio of -8.00 and a beta of 0.85.

Insider Activity

In other news, Director Peter Tallman acquired 400,000 shares of Klondike Gold stock in a transaction that occurred on Friday, November 29th. The stock was purchased at an average price of C$0.07 per share, for a total transaction of C$26,000.00. Company insiders own 11.16% of the company’s stock.

Klondike Gold Company Profile

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.