K2 Gold Co. (CVE:KTO – Get Free Report) was down 8.3% on Monday . The company traded as low as C$0.76 and last traded at C$0.77. Approximately 304,406 shares traded hands during trading, a decline of 15% from the average daily volume of 358,832 shares. The stock had previously closed at C$0.84.
K2 Gold Trading Down 3.6%
The company has a 50 day moving average of C$0.76 and a 200-day moving average of C$0.55. The firm has a market capitalization of C$189.82 million, a P/E ratio of -81.00 and a beta of 0.51.
About K2 Gold
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. The company was formerly known as West Melville Metals Inc and changed its name to K2 Gold Corporation in November 2016. K2 Gold Corporation was incorporated in 2011 and is headquartered in Vancouver, Canada.
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