Shares of Kestrel Gold Inc. (CVE:KGC – Get Free Report) dropped 14.3% on Friday . The stock traded as low as C$0.03 and last traded at C$0.03. Approximately 107,376 shares were traded during trading, an increase of 99% from the average daily volume of 54,087 shares. The stock had previously closed at C$0.04.
Kestrel Gold Price Performance
The company’s 50-day moving average is C$0.03 and its 200-day moving average is C$0.03. The firm has a market capitalization of C$3.15 million, a price-to-earnings 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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