K2 Gold Co. (CVE:KTO – Get Free Report)’s share price traded up 15% on Thursday . The company traded as high as C$0.12 and last traded at C$0.12. 44,600 shares traded hands during trading, a decline of 33% from the average session volume of 66,909 shares. The stock had previously closed at C$0.10.
K2 Gold Stock Up 15.0 %
The company’s 50 day simple moving average is C$0.09 and its 200-day simple moving average is C$0.10. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.32 and a current ratio of 0.78. The firm has a market capitalization of C$13.57 million, a PE ratio of -11.50 and a beta of 0.86.
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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