K9 Gold (CVE:KNC) Trading Up 18.2% – Time to Buy?

K9 Gold Corp. (CVE:KNCGet Free Report) was up 18.2% during mid-day trading on Monday . The stock traded as high as C$0.15 and last traded at C$0.13. Approximately 110,500 shares were traded during trading, an increase of 429% from the average daily volume of 20,893 shares. The stock had previously closed at C$0.11.

K9 Gold Stock Performance

The firm has a market capitalization of C$1.08 million, a price-to-earnings ratio of -0.50 and a beta of 0.47. The business has a fifty day moving average price of C$0.11 and a 200 day moving average price of C$0.09.

About K9 Gold

(Get Free Report)

K9 Gold Corp. engages in the identification, acquisition, and exploration of mineral interests in Canada and the United States. It explores for gold, vanadium, lithium, and uranium deposits. The company holds interests in the Stony Lake East Gold project that includes 8 mineral licenses covering an area of 13,625 hectares located in the province of Newfoundland and Labrador; the Desert Eagle project, which comprises 97 lode claims covering an area of 2,004 acres situated in Garfield County, Utah; and the James Bay lithium project located in the La Grande sub-province in Quebec.

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