Kestrel Gold (CVE:KGC) Shares Pass Above Fifty Day Moving Average – Here’s Why

Kestrel Gold Inc. (CVE:KGCGet Free Report) passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$0.03 and traded as high as C$0.04. Kestrel Gold shares last traded at C$0.04, with a volume of 11,843 shares changing hands.

Kestrel Gold Trading Up 16.7%

The firm has a 50-day moving average of C$0.03 and a 200-day moving average of C$0.04. The stock has a market capitalization of C$3.81 million, a price-to-earnings ratio of -8.75 and a beta of 2.03.

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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