K2 Gold (CVE:KTO) Reaches New 1-Year High – Should You Buy?

Shares of K2 Gold Co. (CVE:KTOGet Free Report) hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as C$0.75 and last traded at C$0.69, with a volume of 779707 shares. The stock had previously closed at C$0.74.

K2 Gold Stock Performance

The stock has a 50 day moving average of C$0.46 and a 200-day moving average of C$0.39. The stock has a market capitalization of C$131.65 million, a P/E ratio of -69.00 and a beta of -0.20.

About K2 Gold

(Get Free Report)

K2 Gold Corporation, a junior mineral exploration company, acquires, explores for, and evaluates gold exploration projects in Canada and the United States. It also explores for silver metal. The company's flagship property is the Mojave Gold project that covers an area of approximately 5,780 hectares located in California.

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