Klondike Silver (CVE:KS) Stock Price Plummets by 33.3%

On Saturday, shares of Klondike Silver Corp. (CVE:KS) experienced a significant drop in their price, falling by 33.3%. The stock was traded at a low of C$0.01, with the last recorded trade also at C$0.01. Throughout the day, about 102,000 shares exchanged hands, marking a steep decline of 92% compared to the average daily trading volume of 1,289,764 shares. The stock had closed the previous day at C$0.02.

Significant Decline in Klondike Silver Stock

The stock's current 50-day moving average price sits at C$0.02, while its 200-day moving average is also C$0.02. Klondike Silver has a market capitalization of C$2.69 million and operates with a price-to-earnings ratio of -4.00, alongside a beta of 2.71, indicating its volatility in the market.

About Klondike Silver Corp.

Klondike Silver Corp. specializes in the exploration and development of mineral properties within Canada. The company focuses on the discovery of silver, lead, and zinc deposits, primarily holding a 100% interest in the Slocan Silver Camp, which covers approximately 114 square kilometers in southeastern British Columbia.

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