Kestrel Gold (CVE:KGC) Shares Down 23.1% – Should You Sell?

Kestrel Gold Inc. (CVE:KGC) dropped 23.1% during trading on Friday . The stock traded as low as C$0.05 and last traded at C$0.05. Approximately 348,470 shares traded hands during trading, an increase of 310% from the average daily volume of 84,969 shares. The stock had previously closed at C$0.07.

Kestrel Gold Trading Down 23.1%

The firm has a fifty day moving average price of C$0.06 and a 200 day moving average price of C$0.05. The firm has a market cap of C$5.33 million, a PE ratio of -21.74 and a beta of 2.44.

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.