K9 Gold (CVE:KNC) Shares Up 37.5% – Here’s What Happened

Shares of K9 Gold Corp. (CVE:KNCGet Free Report) were up 37.5% on Friday . The company traded as high as C$0.11 and last traded at C$0.11. Approximately 45,942 shares changed hands during trading, an increase of 116% from the average daily volume of 21,258 shares. The stock had previously closed at C$0.08.

K9 Gold Price Performance

The stock has a 50 day simple moving average of C$0.08 and a 200-day simple moving average of C$0.09. The firm has a market cap of C$991,100.00, a PE ratio of -0.46 and a beta of 0.47.

K9 Gold Company Profile

(Get Free Report)

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.

Further Reading

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