Kestrel Gold (CVE:KGC) Shares Down 14.3% – Should You Sell?

Kestrel Gold Inc. (CVE:KGC) shares were down 14.3% during trading on Friday . The company traded as low as C$0.03 and last traded at C$0.03. Approximately 107,376 shares changed hands 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 Trading Down 14.3 %

The company’s 50 day moving average is C$0.03 and its 200-day moving average is C$0.03. The company has a market capitalization 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.