Kestrel Gold (CVE:KGC) Stock Breaks Below Fifty Day Moving Average – Here’s Why

Kestrel Gold Inc. (CVE:KGC – Get Free Report)’s share price passed below its 50 day moving average during trading on Wednesday. The stock has a 50 day moving average of C$0.03 and traded as low as C$0.03. Kestrel Gold shares last traded at C$0.03, with a volume of 5,000 shares trading hands.

Kestrel Gold Trading Down 16.7%

The firm’s fifty day moving average price is C$0.03 and its 200 day moving average price is C$0.03. The stock has a market capitalization of C$2.72 million, a price-to-earnings ratio of -6.25 and a beta of 2.14.

Kestrel Gold Company Profile

(Get Free Report)

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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