Klondike Silver (CVE:KS) Trading 75% Higher – Should You Buy?

Klondike Silver Corp. (CVE:KSGet Free Report) was up 75% on Thursday . The company traded as high as C$0.04 and last traded at C$0.04. Approximately 5,255,066 shares traded hands during mid-day trading, an increase of 754% from the average daily volume of 615,604 shares. The stock had previously closed at C$0.02.

Klondike Silver Price Performance

The company has a debt-to-equity ratio of 23.34, a current ratio of 0.02 and a quick ratio of 0.20. The stock has a 50 day moving average price of C$0.02 and a two-hundred day moving average price of C$0.02. The firm has a market capitalization of C$9.41 million, a price-to-earnings ratio of -13.33 and a beta of 2.71.

Klondike Silver Company Profile

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Klondike Silver Corp., a resource exploration stage company, engages in the acquisition, exploration, and development of mineral properties in Canada. It explores for silver, lead, and zinc deposits. The company primarily owns a 100% interest in the Slocan Silver camp that covers an area of approximately 114 square kilometers located in south-eastern British Columbia.

Further Reading

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