K9 Gold (CVE:KNC) Stock Price Up 18.2% – Here’s Why

K9 Gold Corp. (CVE:KNCGet Free Report)’s share price rose 18.2% during trading on Monday . The stock traded as high as C$0.15 and last traded at C$0.13. Approximately 110,500 shares were traded during trading, an increase of 429% from the average daily volume of 20,893 shares. The stock had previously closed at C$0.11.

K9 Gold Stock Up 9.1 %

The firm’s 50 day moving average price is C$0.11 and its two-hundred day moving average price is C$0.09. The firm has a market capitalization of C$1.08 million, a PE ratio of -0.50 and a beta of 0.47.

About K9 Gold

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K9 Gold Corp. engages in the identification, acquisition, and exploration of mineral interests in Canada and the United States. It explores for gold, vanadium, lithium, and uranium deposits. The company holds interests in the Stony Lake East Gold project that includes 8 mineral licenses covering an area of 13,625 hectares located in the province of Newfoundland and Labrador; the Desert Eagle project, which comprises 97 lode claims covering an area of 2,004 acres situated in Garfield County, Utah; and the James Bay lithium project located in the La Grande sub-province in Quebec.

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