Klondike Gold (CVE:KG) Hits New 12-Month Low – Here’s Why

Klondike Gold Corp. (CVE:KGGet Free Report) shares hit a new 52-week low during mid-day trading on Friday . The company traded as low as C$0.07 and last traded at C$0.07, with a volume of 22000 shares. The stock had previously closed at C$0.08.

Klondike Gold Stock Down 6.7 %

The company has a market cap of C$14.49 million, a P/E ratio of -8.00 and a beta of 0.85. 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 50 day moving average of C$0.08 and a 200-day moving average of C$0.08.

About Klondike Gold

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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.

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