Klondike Gold (CVE:KG) Stock Price Down 13.3% – Time to Sell?

Klondike Gold Corp. (CVE:KGGet Free Report)’s stock price traded down 13.3% during trading on Tuesday . The company traded as low as C$0.07 and last traded at C$0.07. 136,500 shares were traded during trading, an increase of 54% from the average session volume of 88,362 shares. The stock had previously closed at C$0.08.

Klondike Gold Stock Performance

The company has a current ratio of 3.84, a quick ratio of 2.09 and a debt-to-equity ratio of 0.38. The company has a market cap of C$13.45 million, a price-to-earnings ratio of -8.00 and a beta of 0.85. The firm has a 50-day moving average price of C$0.07 and a 200 day moving average price of C$0.08.

Insiders Place Their Bets

In other Klondike Gold news, Director Peter Tallman purchased 400,000 shares of Klondike Gold stock in a transaction on Friday, November 29th. The stock was bought at an average price of C$0.07 per share, for a total transaction of C$26,000.00. 11.16% of the stock is currently owned by corporate insiders.

Klondike Gold Company Profile

(Get Free Report)

Klondike Gold Corp., a resource exploration company, engages in the acquisition, exploration, and development of mineral properties in Canada. The company primarily explores for gold. Its flagship project is the 100% owned Klondike District gold project located in Dawson City, Yukon Territory. The company was formerly known as Arbor Resources Inc and changed its name to Klondike Gold Corp.

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