Klondike Silver (CVE:KS) Stock Price Up 75% – Should You Buy?

Klondike Silver Corp. (CVE:KS) shot up 75% on Thursday . The company traded as high as C$0.04 and last traded at C$0.04. 5,207,066 shares were traded during mid-day trading, an increase of 765% from the average session volume of 601,937 shares. The stock had previously closed at C$0.02.

Klondike Silver Stock Performance

The business has a 50 day moving average price of C$0.02 and a two-hundred day moving average price of C$0.02. The company has a market cap of C$9.41 million, a P/E ratio of -13.33 and a beta of 2.71. The company has a debt-to-equity ratio of 23.34, a quick ratio of 0.20 and a current ratio of 0.02.

Klondike Silver Company Profile

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.