Klondike Gold (CVE:KG) Hits New 12-Month Low – Should You Sell?

Klondike Gold Corp. (CVE:KGGet Free Report) hit a new 52-week low during mid-day trading on Friday . The company traded as low as C$0.06 and last traded at C$0.06, with a volume of 92666 shares traded. The stock had previously closed at C$0.06.

Klondike Gold Stock Performance

The firm has a market capitalization of C$12.42 million, a PE ratio of -8.00 and a beta of 0.85. The company has a debt-to-equity ratio of 0.38, a current ratio of 3.84 and a quick ratio of 2.09. The stock has a 50-day moving average price of C$0.07 and a 200-day moving average price of C$0.08.

Insider Transactions at Klondike Gold

In other news, Director Peter Tallman acquired 400,000 shares of the stock in a transaction that occurred on Friday, November 29th. The stock was purchased at an average cost of C$0.07 per share, with a total value of C$26,000.00. Corporate insiders own 11.16% of the company’s stock.

About Klondike Gold

(Get Free Report)

Klondike Gold Corp., a resource exploration company, engages in the acquisition, exploration, and development of mineral properties in Canada. The company primarily explores for gold. Its flagship project is the 100% owned Klondike District gold project located in Dawson City, Yukon Territory. The company was formerly known as Arbor Resources Inc and changed its name to Klondike Gold Corp.

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