Kestrel Gold (CVE:KGC) Stock Price Passes Below Two Hundred Day Moving Average – Here’s What Happened

Kestrel Gold Inc. (CVE:KGC)’s stock price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$0.04 and traded as low as C$0.04. Kestrel Gold shares last traded at C$0.04, with a volume of 141,000 shares traded.

Kestrel Gold Stock Performance

The stock’s fifty day simple moving average is C$0.04 and its two-hundred day simple moving average is C$0.04. The company has a market cap of C$3.81 million, a price-to-earnings ratio of -8.75 and a beta of 1.88.

Kestrel Gold Company Profile

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.