Kestrel Gold Inc. (CVE:KGC – Get Free Report)’s share price dropped 23.1% during mid-day trading on Saturday . The company traded as low as C$0.05 and last traded at C$0.05. Approximately 485,452 shares traded hands during trading, an increase of 466% from the average daily volume of 85,770 shares. The stock had previously closed at C$0.07.
Kestrel Gold Stock Performance
The firm has a market cap of C$5.33 million, a price-to-earnings ratio of -21.74 and a beta of 2.44. The business’s 50-day moving average is C$0.06 and its 200-day moving average is C$0.05.
Kestrel Gold Company Profile
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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