K2 Gold Co. (CVE:KTO – Get Free Report) rose 9.1% on Thursday . The stock traded as high as C$0.12 and last traded at C$0.12. Approximately 38,626 shares changed hands during mid-day trading, a decline of 45% from the average daily volume of 70,150 shares. The stock had previously closed at C$0.11.
K2 Gold Stock Up 4.2 %
The stock has a market capitalization of C$14.75 million, a price-to-earnings ratio of -12.50 and a beta of 0.84. The firm has a 50-day moving average of C$0.11 and a 200 day moving average of C$0.10. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.78 and a quick ratio of 2.32.
K2 Gold Company Profile
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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