Klondike Silver (CVE:KS) Shares Up 50% – Here’s Why

Klondike Silver Corp. (CVE:KS)’s share price shot up 50% during trading on Thursday . The company traded as high as C$0.02 and last traded at C$0.02. 142,450 shares were traded during mid-day trading, a decline of 82% from the average session volume of 806,070 shares. The stock had previously closed at C$0.01.

Klondike Silver Price Performance

The stock has a 50 day moving average of C$0.02 and a 200 day moving average of C$0.02. The company has a market capitalization of C$2.69 million, a price-to-earnings ratio of -4.00 and a beta of 2.71.

About Klondike Silver

Klondike Silver Corp., a resource exploration stage company, engages in the acquisition, exploration, and development of mineral properties in Canada. It explores for silver, lead, and zinc deposits. The company primarily owns a 100% interest in the Slocan Silver camp that covers an area of approximately 114 square kilometers located in south-eastern British Columbia.