Klondike Gold (CVE:KG) Reaches New 1-Year Low – Time to Sell?

Klondike Gold Corp. (CVE:KGGet Free Report) hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as C$0.06 and last traded at C$0.07, with a volume of 225676 shares traded. The stock had previously closed at C$0.06.

Klondike Gold Price Performance

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 firm has a market cap of C$13.45 million, a P/E ratio of -8.00 and a beta of 0.85. The business’s 50 day moving average is C$0.06 and its two-hundred day moving average is C$0.07.

Insider Activity at Klondike Gold

In other Klondike Gold news, Director Peter Tallman bought 400,000 shares of the firm’s stock in a transaction dated Friday, November 29th. The stock was purchased at an average cost of C$0.07 per share, with a total value of C$26,000.00. 11.16% of the stock is currently owned by corporate insiders.

About Klondike Gold

(Get Free Report)

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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