Insider Selling: K2 Gold Co. (CVE:KTO) Director Sells 1,500,000 Shares of Stock

K2 Gold Co. (CVE:KTOGet Rating) Director Stephen P. Swatton sold 1,500,000 shares of the business’s stock in a transaction that occurred on Thursday, September 15th. The stock was sold at an average price of C$0.16, for a total value of C$232,500.00. Following the transaction, the director now directly owns 848,500 shares in the company, valued at C$131,517.50.

K2 Gold Stock Performance

KTO opened at C$0.16 on Tuesday. The business has a fifty day simple moving average of C$0.18 and a 200 day simple moving average of C$0.17. The company has a market capitalization of C$10.38 million and a PE ratio of -6.40. K2 Gold Co. has a 1 year low of C$0.13 and a 1 year high of C$0.26. The company has a debt-to-equity ratio of 0.30, a current ratio of 9.05 and a quick ratio of 8.72.

K2 Gold Company Profile

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K2 Gold Corporation, a junior mineral exploration company, acquires, explores for, and evaluates gold exploration projects in Canada and the United States. The company's flagship property is the Mojave Gold project that covers an area of approximately 5,780 hectares located in California. It also holds interest in The Wels property comprising 350 contiguous quartz claims covering an area of 7200 hectares located in the southwestern Yukon.

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