Klondike Silver (CVE:KS) Shares Down 16.7% – Should You Sell?

Klondike Silver Corp. (CVE:KS)’s share price dropped 16.7% during mid-day trading on Friday . The company traded as low as C$0.03 and last traded at C$0.03. Approximately 1,691,004 shares traded hands during trading, an increase of 376% from the average daily volume of 355,404 shares. The stock had previously closed at C$0.03.

Klondike Silver Price Performance

The stock has a 50-day moving average of C$0.03 and a two-hundred day moving average of C$0.03. The firm has a market cap of C$6.72 million, a price-to-earnings ratio of -7.62 and a beta of 2.25. 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. Klondike Silver Corp. was incorporated in 2005 and is based in Vancouver, Canada.