Klondike Silver (CVE:KS) Trading Down 16.7% – Here’s Why

Shares of Klondike Silver Corp. (CVE:KS) were down 16.7% during mid-day trading on Thursday . The stock traded as low as C$0.03 and last traded at C$0.03. Approximately 120,778 shares were traded during mid-day trading, a decline of 72% from the average daily volume of 432,458 shares. The stock had previously closed at C$0.03.

Klondike Silver Price Performance

The business has a 50 day simple moving average of C$0.02 and a 200-day simple moving average of C$0.02. The company has a debt-to-equity ratio of 23.34, a quick ratio of 0.20 and a current ratio of 0.02. The stock has a market cap of C$6.72 million, a P/E ratio of -9.52 and a beta of 2.71.

Klondike Silver Company Profile

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.