Kestrel Gold (CVE:KGC) Share Price Crosses Below Two Hundred Day Moving Average – Here’s Why

Kestrel Gold Inc. (CVE:KGC) shares passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$0.03 and traded as low as C$0.03. Kestrel Gold shares last traded at C$0.04, with a volume of 21,500 shares trading hands.

Kestrel Gold Stock Up 16.7 %

The firm has a market capitalization of C$3.68 million, a P/E ratio of -2.50 and a beta of 1.49. The firm’s 50-day simple moving average is C$0.03 and its 200-day simple moving average is C$0.03.

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.