Kings Bay Resources (KBG) Reaches New 12-Month Low at $0.03

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Kings Bay Resources Corp (CVE:KBG) shares hit a new 52-week low during trading on Monday . The stock traded as low as C$0.03 and last traded at C$0.04, with a volume of 18300 shares traded. The stock had previously closed at C$0.03.

The stock has a market capitalization of $2.67 million and a P/E ratio of -2.67.

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About Kings Bay Resources (CVE:KBG)

King's Bay Resources Corp. engages in acquiring, exploring, developing, and evaluating mineral resource properties in Canada. The company has 100% interests in the Lynx Lake cobalt-copper property consisting of 66 mineral claims covering 20 square kilometers located in southern Labrador; and the Trump Island property consisting of 8 mineral claims covering an area of 2 square kilometers located in north-central Newfoundland.

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