Klondike Gold (CVE:KG) Trading Down 6.4% - Time to Sell?

Key Points

• Shares fell 6.4% mid-day to C$0.22 (intraday low C$0.21) on Wednesday, with 134,905 shares traded—about 63% below the average session volume.
• The company has a market capitalization of C$52.04 million, a negative P/E of -8.00, modest leverage (debt-to-equity 0.38) and strong liquidity (current ratio 3.84), and the stock is trading above its 50‑day (C$0.18) and 200‑day (C$0.13) moving averages.
• Klondike Gold is a Canada-based gold exploration firm focused on the 100%‑owned Klondike District project in Dawson City, Yukon.

Shares of Klondike Gold Corp. (CVE:KG - ) traded down 6.4% during mid-day trading on Wednesday . The company traded as low as C$0.21 and last traded at C$0.22. 134,905 shares were traded during trading, a decline of 63% from the average session volume of 363,945 shares. The stock had previously closed at C$0.24.

Klondike Gold Stock Performance

The company has a debt-to-equity ratio of 0.38, a current ratio of 3.84 and a quick ratio of 2.09. The company has a market capitalization of C$52.04 million, a P/E ratio of -8.00 and a beta of 0.60. The business has a 50-day moving average of C$0.18 and a 200-day moving average of C$0.13.

About Klondike Gold

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. in January 1996. Klondike Gold Corp. was incorporated in 1978 and is headquartered in Vancouver, Canada.

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