Kestrel Gold (CVE:KGC) Shares Down 14.3% – What’s Next?

Kestrel Gold Inc. (CVE:KGC) shares were down 14.3% on Saturday . The stock traded as low as C$0.03 and last traded at C$0.03. Approximately 107,376 shares were traded during mid-day trading, an increase of 90% from the average daily volume of 56,389 shares. The stock had previously closed at C$0.04.

Kestrel Gold Price Performance

The firm’s 50-day moving average is C$0.03 and its two-hundred day moving average is C$0.03. The company has a market cap of C$3.15 million, a P/E ratio of -2.50 and a beta of 1.49.

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.