Kestrel Gold (CVE:KGC) Shares Cross Below 200 Day Moving Average – Here’s Why

Kestrel Gold Inc. (CVE:KGCGet Free Report) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$0.03 and traded as low as C$0.03. Kestrel Gold shares last traded at C$0.04, with a volume of 21,500 shares trading hands.

Kestrel Gold Price Performance

The firm’s 50 day simple moving average is C$0.03 and its 200-day simple moving average is C$0.03. The company has a market cap of C$3.68 million, a price-to-earnings ratio of -2.50 and a beta of 1.49.

Kestrel Gold Company Profile

(Get Free Report)

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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