Klondike Silver (CVE:KS) Shares Down 16.7% – What’s Next?

Klondike Silver Corp. (CVE:KS)’s share price fell 16.7% on Wednesday . The company traded as low as C$0.02 and last traded at C$0.03. 2,007,946 shares traded hands during mid-day trading, an increase of 467% from the average session volume of 354,352 shares. The stock had previously closed at C$0.03.

Klondike Silver Trading Down 16.7%

The company has a 50-day moving average of C$0.03 and a 200 day moving average of C$0.03. The company has a debt-to-equity ratio of 23.34, a current ratio of 0.02 and a quick ratio of 0.20. The company has a market cap of C$6.72 million, a PE ratio of -7.62 and a beta of 2.25.

About Klondike Silver

Klondike Silver Corp., a resource exploration stage company, engages in the acquisition, exploration, and development of mineral properties in Canada. It explores for silver, lead, and zinc deposits. The company primarily owns a 100% interest in the Slocan Silver camp that covers an area of approximately 114 square kilometers located in south-eastern British Columbia. Klondike Silver Corp. was incorporated in 2005 and is based in Vancouver, Canada.