Kestrel Gold Inc. (CVE:KGC – Get Free Report)’s share price dropped 28.6% during trading on Thursday. The stock traded as low as C$0.03 and last traded at C$0.03. Approximately 266,000 shares traded hands during mid-day trading, an increase of 264% from the average daily volume of 73,092 shares. The stock had previously closed at C$0.04.
Kestrel Gold Trading Up 20.0%
The stock has a market capitalization of C$3.26 million, a price-to-earnings ratio of -7.50 and a beta of 2.61. The company’s 50 day moving average is C$0.03 and its 200 day moving average is C$0.03.
About Kestrel Gold
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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