K2 Gold Co. (CVE:KTO – Get Free Report)’s stock price traded down 1.2% during trading on Wednesday. The stock traded as low as C$0.81 and last traded at C$0.82. 44,195 shares traded hands during trading, a decline of 83% from the average session volume of 262,923 shares. The stock had previously closed at C$0.83.
K2 Gold Price Performance
The business has a 50-day simple moving average of C$0.82 and a two-hundred day simple moving average of C$0.77. The company has a quick ratio of 2.32, a current ratio of 24.54 and a debt-to-equity ratio of 0.23. The stock has a market capitalization of C$215.94 million, a price-to-earnings ratio of -20.50 and a beta of 1.61.
About K2 Gold
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. The company was formerly known as West Melville Metals Inc and changed its name to K2 Gold Corporation in November 2016. K2 Gold Corporation was incorporated in 2011 and is headquartered in Vancouver, Canada.
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