Kestrel Gold (CVE:KGC) Trading 33.3% Higher – Should You Buy?

Kestrel Gold Inc. (CVE:KGCGet Free Report)’s share price rose 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 were traded 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 Trading Up 33.3 %

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. The company’s 50 day simple moving average is C$0.03 and its 200-day simple moving average is C$0.03.

About Kestrel Gold

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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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