Klondike Silver (CVE:KS) Stock Price Down 16.7% – Here’s Why

Klondike Silver Corp. (CVE:KS)’s share price dropped 16.7% during mid-day trading on Monday . The stock traded as low as C$0.02 and last traded at C$0.03. Approximately 505,000 shares were traded during mid-day trading, an increase of 3% from the average daily volume of 491,806 shares. The stock had previously closed at C$0.03.

Klondike Silver Stock Down 16.7 %

The firm has a market cap of C$6.72 million, a price-to-earnings ratio of -9.52 and a beta of 2.71. The stock’s 50 day moving average is C$0.02 and its 200 day moving average is C$0.02. The company has a quick ratio of 0.20, a current ratio of 0.02 and a debt-to-equity ratio of 23.34.

Klondike Silver Company Profile

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.