Kestrel Gold Inc. (CVE:KGC – Get Free Report) shares dropped 12.5% during trading on Friday . The stock traded as low as C$0.04 and last traded at C$0.04. Approximately 225,000 shares changed hands during trading, an increase of 457% from the average daily volume of 40,429 shares. The stock had previously closed at C$0.04.
Kestrel Gold Stock Performance
The stock has a fifty day simple moving average of C$0.03 and a 200 day simple moving average of C$0.03. The firm has a market cap of C$3.68 million, a P/E ratio of -2.50 and a beta of 1.49.
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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