Kestrel Gold (CVE:KGC) Stock Price Down 12.5% – Should You Sell?

Shares of Kestrel Gold Inc. (CVE:KGC) dropped 12.5% on Friday . The stock traded as low as C$0.04 and last traded at C$0.04. Approximately 225,000 shares were traded during trading, an increase of 457% from the average daily volume of 40,429 shares. The stock had previously closed at C$0.04.

Kestrel Gold Price Performance

The business has a 50 day simple moving average of C$0.03 and a 200-day simple moving average of C$0.03. The stock has a market capitalization of C$3.68 million, a price-to-earnings 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.