Kestrel Gold (CVE:KGC) Trading 27.3% Higher – Still a Buy?

Kestrel Gold Inc. (CVE:KGCGet Free Report) traded up 27.3% on Friday . The stock traded as high as C$0.08 and last traded at C$0.07. 664,564 shares were traded during mid-day trading, an increase of 737% from the average session volume of 79,427 shares. The stock had previously closed at C$0.06.

Kestrel Gold Trading Up 7.1%

The company’s 50-day simple moving average is C$0.04 and its 200 day simple moving average is C$0.03. The stock has a market cap of C$7.88 million, a P/E ratio of -2.50 and a beta of 1.49.

Insider Activity at Kestrel Gold

In other news, insider John Bernard Kreft bought 233,000 shares of the company’s stock in a transaction on Thursday, April 17th. The shares were purchased at an average price of C$0.35 per share, with a total value of C$81,550.00. 37.71% of the stock is currently owned by corporate insiders.

About Kestrel Gold

(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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