Kestrel Gold (CVE:KGC) Shares Down 25%

Kestrel Gold Inc (CVE:KGC) was down 25% during mid-day trading on Monday . The stock traded as low as C$0.02 and last traded at C$0.02, approximately 207,000 shares traded hands during mid-day trading. An increase of 42% from the average daily volume of 145,739 shares. The stock had previously closed at C$0.02.

The stock’s 50-day simple moving average is C$0.02. The firm has a market capitalization of $1.23 million and a price-to-earnings ratio of -0.83.

Kestrel Gold Company Profile (CVE:KGC)

Kestrel Gold Inc, an exploration stage company, engages in the acquisition, exploration, and evaluation of mineral properties in Canada. It primarily explores for gold deposits. It has an option to acquire 100% interest in the King Solomon Dome project located in Yukon territory; 100% interest in the Val-Jual property that covers an area of approximately 1,350 hectares situated in southwest of Dawson City, Yukon; Clear Creek property covering an area of approximately 1,700 hectares located at the east of Dawson City, Yukon; and Dease Lake property, which covers an area of approximately 1,835 hectares situated within the Liard mining division of British Columbia.

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