K2 Gold (CVE:KTO) Reaches New 1-Year High - What's Next?

Key Points

• K2 Gold Co.'s share price reached a new 52-week high of C$0.47 during mid-day trading, marking an increase of 10.2% from the previous close of C$0.44.
• The company's market capitalization stands at C$77.72 million, with a price-to-earnings ratio of -48.50 and a beta of -0.90.
• K2 Gold specializes in gold and silver exploration, with its flagship property being the Mojave Gold project in California, covering approximately 5,780 hectares.

K2 Gold Co. (CVE:KTO - )'s share price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as C$0.47 and last traded at C$0.47, with a volume of 177788 shares changing hands. The stock had previously closed at C$0.44.

K2 Gold Trading Up 10.2%

The company's 50 day moving average is C$0.38 and its 200 day moving average is C$0.33. The stock has a market capitalization of C$77.72 million, a price-to-earnings ratio of -48.50 and a beta of -0.90.

K2 Gold Company Profile

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.

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