K2 Gold (CVE:KTO) Stock Price Up 8.3% – What’s Next?

K2 Gold Co. (CVE:KTOGet Free Report) shares were up 8.3% during trading on Monday . The company traded as high as C$0.13 and last traded at C$0.13. Approximately 22,000 shares changed hands during trading, a decline of 47% from the average daily volume of 41,467 shares. The stock had previously closed at C$0.12.

K2 Gold Trading Up 8.3 %

The business has a 50-day moving average of C$0.12 and a 200 day moving average of C$0.11. The stock has a market cap of C$15.34 million, a PE ratio of -13.00 and a beta of 0.84. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.32 and a current ratio of 0.78.

About K2 Gold

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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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