Kestrel Gold (CVE:KGC) Shares Up 33.3% – Should You Buy?

Shares of Kestrel Gold Inc. (CVE:KGC) rose 33.3% on Saturday . The company traded as high as C$0.04 and last traded at C$0.04. Approximately 139,107 shares traded hands during mid-day trading, an increase of 312% from the average daily volume of 33,742 shares. The stock had previously closed at C$0.03.

Kestrel Gold Stock Performance

The business’s 50 day simple moving average is C$0.03 and its 200-day simple moving average is C$0.03. The stock has a market capitalization of C$4.20 million, a price-to-earnings ratio of -2.50 and a beta of 1.49.

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.