K2 Gold (CVE:KTO) Trading 6.8% Higher

K2 Gold Corp (CVE:KTO)’s share price traded up 6.8% during trading on Friday . The company traded as high as C$0.24 and last traded at C$0.24, 27,500 shares traded hands during mid-day trading. A decline of 18% from the average session volume of 33,585 shares. The stock had previously closed at C$0.22.

The stock has a 50 day simple moving average of C$0.25 and a 200 day simple moving average of C$0.24. The firm has a market capitalization of $12.50 million and a PE ratio of -9.40.

About K2 Gold (CVE:KTO)

K2 Gold Corporation, an exploration stage company, acquires, explores for, and evaluates gold exploration projects in Canada and the United States. Its flagship project is the Wels project covering an area of approximately 7,200 hectares located in west-central Yukon Territory. The company was formerly known as West Melville Metals Inc and changed its name to K2 Gold Corporation in November 2016.

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