Kestrel Gold (CVE:KGC) Stock Price Down 23.1% – Should You Sell?

Shares of Kestrel Gold Inc. (CVE:KGCGet Free Report) were down 23.1% during mid-day trading on Saturday . The stock traded as low as C$0.05 and last traded at C$0.05. Approximately 485,452 shares were traded during mid-day trading, an increase of 466% from the average daily volume of 85,770 shares. The stock had previously closed at C$0.07.

Kestrel Gold Price Performance

The company has a market capitalization of C$5.33 million, a P/E ratio of -21.74 and a beta of 2.44. The firm has a fifty day moving average price of C$0.06 and a 200-day moving average price of C$0.05.

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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