Key Points
- Director Peter Tallman sold 1.25 million Klondike Gold shares at an average price of C$0.17, generating C$212,500. After the transaction, he retained 27.62 million shares, a 4.33% reduction in his ownership.
- Klondike Gold shares opened at C$0.17, with a market capitalization of approximately C$45.89 million. The stock has traded between C$0.08 and C$0.31 over the past year.
- Fundamental Research maintained a Buy rating and set a C$0.59 price target; the article reports one analyst covering the stock with a consensus Buy rating.
Klondike Gold Corp. (CVE:KG - Get Free Report) Director Peter Tallman sold 1,250,000 shares of the business's stock in a transaction dated Friday, September 4th. The stock was sold at an average price of C$0.17, for a total value of C$212,500.00. Following the sale, the director directly owned 27,623,403 shares of the company's stock, valued at C$4,695,978.51. This represents a 4.33% decrease in their ownership of the stock.
Klondike Gold Stock Performance
Klondike Gold stock opened at C$0.17 on Monday. The company has a market cap of C$45.89 million, a PE ratio of -8.00 and a beta of 0.20. The company has a current ratio of 3.84, a quick ratio of 2.08 and a debt-to-equity ratio of 0.38. Klondike Gold Corp. has a 1 year low of C$0.08 and a 1 year high of C$0.31. The company's 50-day moving average is C$0.16 and its two-hundred day moving average is C$0.18.
Wall Street Analyst Weigh In
Separately, Fundamental Research set a C$0.59 price objective on shares of Klondike Gold and gave the company a "buy" rating in a report on Tuesday, June 16th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat, Klondike Gold has an average rating of "Buy" and a consensus target price of C$0.59.
View Our Latest Analysis on Klondike Gold
Klondike Gold Company Profile
(
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.
Further Reading
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