Klondike Gold (CVE:KG) Shares Down 20% – Time to Sell?

Klondike Gold Corp. (CVE:KGGet Free Report)’s stock price dropped 20% during trading on Thursday . The stock traded as low as C$0.08 and last traded at C$0.08. Approximately 416,054 shares changed hands during trading, an increase of 229% from the average daily volume of 126,539 shares. The stock had previously closed at C$0.10.

Klondike Gold Price Performance

The company’s 50 day moving average is C$0.11 and its 200 day moving average is C$0.10. The company has a current ratio of 3.84, a quick ratio of 2.09 and a debt-to-equity ratio of 0.38. The stock has a market capitalization of C$19.99 million, a price-to-earnings ratio of -8.00 and a beta of -0.59.

About Klondike Gold

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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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