K2 Gold (KTO) Stock Price, News & Analysis

Company Overview

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. The company was formerly known as West Melville Metals Inc. and changed its name to K2 Gold Corporation in November 2016. K2 Gold Corporation was incorporated in 2011 and is headquartered in Vancouver, Canada.

Key Stats

• Today's Range: C$0.87 to C$0.89
• 50-Day Range: C$0.70 to C$0.90
• 52-Week Range: C$0.36 to C$0.93
• Volume: 107,670 shs
• Average Volume: 262,555 shs
• Market Capitalization: C$229.11 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: C$2.25
• Consensus Rating: Buy

K2 Gold Stock Analysis - MarketRank™

K2 Gold scored higher than 24% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

K2 Gold has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on no strong buy ratings, 1 buy rating, no hold ratings, and no sell ratings.

Upside Potential

K2 Gold has a consensus price target of C$2.25, representing about 158.6% upside from its current price of C$0.87.

Amount of Analyst Coverage

K2 Gold has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of K2 Gold is -21.75, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of K2 Gold is -21.75, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

K2 Gold has a P/B Ratio of 5.26. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for KTO.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

K2 Gold does not currently pay a dividend.

Dividend Growth

K2 Gold does not have a long track record of dividend growth.

News and Social Media

• Score: 0.0 / 5
• News Sentiment: N/A

News Coverage This Week

MarketBeat has tracked 1 news article for K2 Gold this week, compared to 0 articles on an average week.

Company Ownership

• Score: 0.3 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, K2 Gold insiders have not sold or bought any company stock.

Percentage Held by Insiders

7.43% of the stock of K2 Gold is held by insiders.

Percentage Held by Institutions

3.34% of the stock of K2 Gold is held by institutions.

Industry, Sector and Symbol

• Stock Exchange: CVE
• Sector: Materials
• Industry: Metals & Mining
• Sub-Industry: Gold
• Current Symbol: CVE:KTO
• CIK: N/A
• Web: k2gold.com
• Phone: +1-604-3433530
• Fax: N/A
• Employees: 147,000
• Year Founded: N/A

Price Target and Rating

• Average Price Target for K2 Gold: C$2.25
• High Price Target: C$2.25
• Low Price Target: C$2.25
• Potential Upside/Downside: +158.6%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Trailing Twelve Months): C($0.04)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -C$831.82 thousand
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: -29.15%
• Return on Assets: -3.89%

Debt

• Debt-to-Equity Ratio: 0.23
• Current Ratio: 24.54
• Quick Ratio: 2.32

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: C$0.08 per share
• Price / Cash Flow: 10.83
• Book Value: C$0.17 per share
• Price / Book: 5.26

Miscellaneous

• Outstanding Shares: 263,344,000
• Free Float: N/A
• Market Cap: C$229.11 million
• Optionable: Not Optionable
• Beta: 1.61