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

by · The Markets Daily

Kestrel Gold Inc. (CVE:KGC – Get Free Report) shares were up 33.3% on Wednesday . The company traded as high as C$0.04 and last traded at C$0.04. Approximately 176,799 shares changed hands during trading, an increase of 251% from the average daily volume of 50,428 shares. The stock had previously closed at C$0.03.

Kestrel Gold Stock Performance

The stock’s fifty day moving average is C$0.03 and its two-hundred day moving average is C$0.03. The firm has a market capitalization of C$4.20 million, a price-to-earnings ratio of -2.50 and a beta of 1.49.

Kestrel Gold Company Profile

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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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