Kestrel Gold (CVE:KGC) Shares Up 33.3% – Here’s Why

Kestrel Gold Inc. (CVE:KGC) shares rose 33.3% on Saturday . The stock traded as high as C$0.04 and last traded at C$0.04. Approximately 120,600 shares traded hands during trading, an increase of 127% from the average daily volume of 53,091 shares. The stock had previously closed at C$0.03.

Kestrel Gold Trading Up 33.3 %

The firm has a 50-day simple moving average of C$0.03 and a two-hundred day simple moving average of C$0.03. The company has a market capitalization of C$4.20 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.