K9 Gold (CVE:KNC) stock price drops 8.7%

Shares of K9 Gold Corp. (CVE:KNC – Get Free Report) fell 8.7% during Friday trading. The company was trading at a price of C$0.11 and was last traded at C$0.11. 39,000 shares changed hands during the trading session, an increase of 199% compared to its average session volume of 13,048 shares. The stock previously closed at C$0.12.

K9 Gold Price Performance

The company has a market cap of C$946,050.00, a price/earnings ratio of -0.39, and a beta of 0.52. The company has a fifty day moving average price of C$0.14 and a two hundred day moving average price of C$0.13.

About K9 Gold

(Get free report)

K9 Gold Corp. is engaged in the identification, acquisition and exploration of mineral interests. The Company has a 100% interest in the Stony Lake East Gold Project, consisting of eight mineral licenses covering 13,625 hectares in the Grand Falls Province of Newfoundland. The Company also has interests in the Desert Eagle Project, consisting of 97 lode claims covering 2,004 acres in Garfield County, Utah.

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