K2 Gold Co. (CVE:KTO – Get Free Report)’s share price dropped 3.8% during mid-day trading on Thursday . The company traded as low as C$0.13 and last traded at C$0.13. Approximately 62,500 shares traded hands during trading, a decline of 7% from the average daily volume of 67,255 shares. The stock had previously closed at C$0.13.
K2 Gold Price Performance
The stock has a market capitalization of C$14.75 million, a P/E ratio of -12.50 and a beta of 0.84. The business has a fifty day simple moving average of C$0.11 and a 200-day simple moving average of C$0.10. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.32 and a current ratio of 0.78.
About K2 Gold
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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