K2 Gold (CVE:KTO) Hits New 1-Year High – Here’s What Happened

K2 Gold Co. (CVE:KTOGet Free Report) reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as C$0.19 and last traded at C$0.19, with a volume of 416000 shares traded. The stock had previously closed at C$0.17.

K2 Gold Stock Performance

The company has a 50-day simple moving average of C$0.14 and a 200-day simple moving average of C$0.12. The company has a market cap of C$22.76 million, a price-to-earnings ratio of -27.36 and a beta of 0.84.

K2 Gold Company Profile

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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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