K9 Gold (CVE:KNC) Trading 30.4% Higher – Still a Buy?

K9 Gold Corp. (CVE:KNCGet Free Report) rose 30.4% during mid-day trading on Tuesday . The stock traded as high as C$0.19 and last traded at C$0.15. Approximately 102,204 shares changed hands during trading, an increase of 455% from the average daily volume of 18,405 shares. The stock had previously closed at C$0.12.

K9 Gold Stock Up 30.4 %

The business’s 50 day simple moving average is C$0.09 and its 200 day simple moving average is C$0.09. The stock has a market cap of C$1.35 million, a price-to-earnings ratio of -0.63 and a beta of 0.47.

About K9 Gold

(Get Free Report)

K9 Gold Corp. engages in the identification, acquisition, and exploration of mineral interests in Canada and the United States. It explores for gold, vanadium, lithium, and uranium deposits. The company holds interests in the Stony Lake East Gold project that includes 8 mineral licenses covering an area of 13,625 hectares located in the province of Newfoundland and Labrador; the Desert Eagle project, which comprises 97 lode claims covering an area of 2,004 acres situated in Garfield County, Utah; and the James Bay lithium project located in the La Grande sub-province in Quebec.

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