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K2 Gold (CVE:KTO) Reaches New 12-Month High - Still a Buy?

K2 Gold logo with Basic Materials background

Key Points

  • K2 Gold reached a new 52-week high, trading at C$0.46 with a last price of C$0.44 and a volume of 495,890 shares.
  • The company has a market capitalization of C$71.31 million and a P/E ratio of -44.50, indicating it is currently operating at a loss.
  • K2 Gold is primarily a junior mineral exploration company focused on gold and silver projects in Canada and the United States, with its flagship property being the Mojave Gold project in California.
  • Five stocks we like better than K2 Gold.

Shares of K2 Gold Co. (CVE:KTO - Get Free Report) reached a new 52-week high during trading on Friday . The company traded as high as C$0.46 and last traded at C$0.44, with a volume of 495890 shares traded. The stock had previously closed at C$0.42.

K2 Gold Stock Performance

The business's 50 day moving average price is C$0.36 and its two-hundred day moving average price is C$0.31. The company has a market capitalization of C$70.51 million, a price-to-earnings ratio of -44.00 and a beta of -0.57.

K2 Gold Company Profile

(Get Free Report)

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.

Further Reading

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