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Klondike Silver shares surged 25% to C$0.03 on Tuesday amid higher trading volume, but the cause was unexplained.
Klondike Silver (CVE:KS) shares jumped 25% on Tuesday, closing at C$0.03 after rising from C$0.02, with trading volume up 12% to about 403,720 shares.
The Canadian resource exploration company, focused on silver, lead, and zinc in British Columbia’s Slocan Silver camp, has a market cap of C$6.72 million.
It carries a negative P/E ratio, high volatility (beta of 2.19), and weak liquidity, with current and quick ratios of 0.02 and 0.20, respectively.
Its 50-day and 200-day moving averages both stand at C$0.03.
The cause of the price surge was not specified.
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Las acciones de Klondike Silver subieron un 25% a C $ 0.03 el martes en medio de un mayor volumen de operaciones, pero la causa era inexplicable.