Insider Selling: Klondike Gold (CVE:KG) Director Sells 125,000 Shares of Stock

Key Points

  • Director Gordon Keep sold 125,000 shares of Klondike Gold Corp. on May 15 at an average price of C$0.17, for proceeds of C$21,250.
  • After the sale, Keep still directly owned 4,930,336 shares, and the transaction represented a 2.47% decrease in his holdings.
  • Klondike Gold shares were down 3.0% and opened at C$0.16, with the stock trading near the lower end of its 52-week range of C$0.08 to C$0.31.

Klondike Gold Corp. (CVE:KG - Get Free Report) Director Gordon Keep sold 125,000 shares of the company's stock in a transaction dated Friday, May 15th. The shares were sold at an average price of C$0.17, for a total transaction of C$21,250.00. Following the completion of the sale, the director directly owned 4,930,336 shares in the company, valued at approximately C$838,157.12. The trade was a 2.47% decrease in their ownership of the stock.

Klondike Gold Stock Down 3.0%

Shares of KG stock opened at C$0.16 on Friday. The company has a debt-to-equity ratio of 0.38, a quick ratio of 2.09 and a current ratio of 3.84. The firm's 50-day moving average is C$0.20 and its 200-day moving average is C$0.15. The stock has a market cap of C$40.62 million, a price-to-earnings ratio of -8.00 and a beta of 0.90. Klondike Gold Corp. has a 52-week low of C$0.08 and a 52-week high of C$0.31.

About Klondike Gold

(Get Free Report)

Klondike Gold Corp., a resource exploration company, engages in the acquisition, exploration, and development of mineral properties in Canada. The company primarily explores for gold. Its flagship project is the 100% owned Klondike District gold project located in Dawson City, Yukon Territory. The company was formerly known as Arbor Resources Inc and changed its name to Klondike Gold Corp. in January 1996. Klondike Gold Corp. was incorporated in 1978 and is headquartered in Vancouver, Canada.

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