Kilo Goldmines (CVE:KGL) Shares Down 25%

Shares of Kilo Goldmines Ltd (CVE:KGL) traded down 25% during mid-day trading on Tuesday . The stock traded as low as C$0.02 and last traded at C$0.02. 880,350 shares traded hands during trading, an increase of 121% from the average session volume of 398,768 shares. The stock had previously closed at C$0.02.

The business has a 50 day simple moving average of C$0.02. The firm has a market capitalization of $848,000.00 and a P/E ratio of -1.00. The company has a current ratio of 0.10, a quick ratio of 0.01 and a debt-to-equity ratio of 1,063.65.

Kilo Goldmines Company Profile (CVE:KGL)

Kilo Goldmines Ltd. engages in the acquisition, exploration, and evaluation of mineral resource properties in the Democratic Republic of Congo. It explores for gold and iron deposits. The company's flagship property is the Somituri project, which consists of six exploitation licences covering an area of approximately 361 square kilometers of the Ngayu Archaean Greenstone Belt in Oriental Province.

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