K2 Gold (CVE:KTO) Reaches New 12-Month High – What’s Next?

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

K2 Gold Stock Performance

The stock has a market cap of C$24.02 million, a price-to-earnings ratio of -28.88 and a beta of 0.84. The company has a 50-day simple moving average of C$0.14 and a two-hundred day simple moving average of C$0.12.

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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