Kestrel Gold (CVE:KGC) Stock Price Crosses Above Fifty Day Moving Average – Here’s Why

Kestrel Gold Inc. (CVE:KGCGet Free Report)’s stock price passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$0.03 and traded as high as C$0.03. Kestrel Gold shares last traded at C$0.03, with a volume of 1,990 shares changing hands.

Kestrel Gold Stock Down 14.3 %

The company has a market capitalization of C$3.15 million, a price-to-earnings ratio of -2.50 and a beta of 1.49. The company’s fifty day simple moving average is C$0.03 and its two-hundred 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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