K2 Gold Co. (CVE:KTO) Director Stephen P. Swatton Sells 1,500,000 Shares

K2 Gold Co. (CVE:KTOGet Rating) Director Stephen P. Swatton sold 1,500,000 shares of the 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 transaction of C$232,500.00. Following the completion of the sale, the director now directly owns 848,500 shares of the company’s stock, valued at C$131,517.50.

K2 Gold Price Performance

CVE KTO opened at C$0.16 on Monday. The company has a 50 day simple moving average of C$0.18 and a 200-day simple moving average of C$0.18. The company has a debt-to-equity ratio of 0.30, a current ratio of 9.05 and a quick ratio of 8.72. The firm has a market capitalization of C$10.38 million and a price-to-earnings ratio of -6.40. K2 Gold Co. has a 52-week low of C$0.13 and a 52-week high of C$0.26.

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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