K2 Gold Co. (CVE:KTO – Get Free Report) was up 9.1% on Thursday . The stock traded as high as C$0.12 and last traded at C$0.12. Approximately 38,626 shares traded hands during trading, a decline of 45% from the average daily volume of 70,150 shares. The stock had previously closed at C$0.11.
K2 Gold Price Performance
The company has a debt-to-equity ratio of 0.13, a current ratio of 0.78 and a quick ratio of 2.32. The firm has a market cap of C$14.16 million, a P/E ratio of -12.00 and a beta of 0.84. The stock’s 50-day simple moving average is C$0.11 and its two-hundred day simple moving average is C$0.10.
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.
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