Kestrel Gold (CVE:KGC) Stock Price Down 28.6% – What’s Next?

Kestrel Gold Inc. (CVE:KGC – Get Free Report) fell 28.6% during trading on Thursday . The stock traded as low as C$0.03 and last traded at C$0.03. 266,000 shares were traded during trading, an increase of 264% from the average session volume of 73,092 shares. The stock had previously closed at C$0.04.

Kestrel Gold Trading Down 28.6%

The stock has a market capitalization of C$2.72 million, a price-to-earnings ratio of -6.25 and a beta of 2.61. The company’s 50-day simple moving average is C$0.03 and its 200-day simple moving average is C$0.03.

About Kestrel Gold

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Kestrel Gold Inc, an early-stage exploration company, engages in the acquisition, exploration, and evaluation of mineral properties in Canada. It primarily explores for gold and silver deposits. The company holds 100% interest in the King Solomon Dome project located in Yukon Territory. It also has an option agreement to acquire 100% interest in the Fireweed located near Kitimat, British Columbia; and the flagship QCM project covering an area of 69 square kilometers located in northern British Columbia.

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