K2 Gold Co. (CVE:KTO – Get Free Report) fell 8.3% on Monday . The stock traded as low as C$0.76 and last traded at C$0.77. 304,406 shares traded hands during mid-day trading, a decline of 15% from the average session volume of 358,832 shares. The stock had previously closed at C$0.84.
K2 Gold Price Performance
The firm has a 50-day moving average of C$0.76 and a 200 day moving average of C$0.55. The stock has a market capitalization of C$189.82 million, a price-to-earnings ratio of -81.00 and a beta of 0.51.
About K2 Gold
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. The company was formerly known as West Melville Metals Inc and changed its name to K2 Gold Corporation in November 2016. K2 Gold Corporation was incorporated in 2011 and is headquartered in Vancouver, Canada.
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