Kestrel Gold (CVE:KGC) Share Price Crosses Below 200-Day Moving Average – What’s Next?

Shares of Kestrel Gold Inc. (CVE:KGC) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$0.04 and traded as low as C$0.04. Kestrel Gold shares last traded at C$0.04, with a volume of 2,000 shares changing hands.

Kestrel Gold Price Performance

The firm has a market cap of C$3.26 million, a PE ratio of -7.50 and a beta of 1.88. The business has a 50-day moving average price of C$0.03 and a two-hundred day moving average price of C$0.04.

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.