Klondike Gold (CVE:KG) Hits New 12-Month Low – Should You Sell?

Shares of Klondike Gold Corp. (CVE:KGGet Free Report) hit a new 52-week low during trading on Friday . The company traded as low as C$0.06 and last traded at C$0.06, with a volume of 92666 shares trading hands. The stock had previously closed at C$0.06.

Klondike Gold Stock Performance

The company has a quick ratio of 2.09, a current ratio of 3.84 and a debt-to-equity ratio of 0.38. The stock has a 50 day simple moving average of C$0.07 and a 200 day simple moving average of C$0.08. The company has a market capitalization of C$12.42 million, a price-to-earnings ratio of -8.00 and a beta of 0.85.

Insider Transactions at Klondike Gold

In other news, Director Peter Tallman bought 400,000 shares of the business’s stock in a transaction on Friday, November 29th. The stock was purchased at an average cost of C$0.07 per share, for a total transaction of C$26,000.00. Insiders own 11.16% of the company’s stock.

About Klondike Gold

(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.

Recommended Stories

Receive News & Ratings for Klondike Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Klondike Gold and related companies with MarketBeat.com's FREE daily email newsletter.