Kestrel Gold (CVE:KGC) Stock Price Up 33.3% – Still a Buy?

Kestrel Gold Inc. (CVE:KGC) shares traded up 33.3% during mid-day trading on Wednesday . The stock traded as high as C$0.04 and last traded at C$0.04. 176,799 shares traded hands during trading, an increase of 251% from the average session volume of 50,428 shares. The stock had previously closed at C$0.03.

Kestrel Gold Stock Up 33.3 %

The firm’s 50-day moving average price is C$0.03 and its 200 day moving average price is C$0.03. The firm has a market cap of C$4.20 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.