Klondike Silver (CVE:KS) Trading Down 16.7% – Here’s Why

Klondike Silver Corp. (CVE:KS)’s share price dropped 16.7% during mid-day trading on Wednesday . The stock traded as low as C$0.03 and last traded at C$0.03. Approximately 120,778 shares were traded during mid-day trading, a decline of 72% from the average daily volume of 432,458 shares. The stock had previously closed at C$0.03.

Klondike Silver Stock Performance

The stock has a market cap of C$6.72 million, a price-to-earnings ratio of -9.52 and a beta of 2.71. The stock’s 50 day moving average is C$0.02 and its two-hundred day moving average is C$0.02. The company has a current ratio of 0.02, a quick ratio of 0.20 and a debt-to-equity ratio of 23.34.

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.