Kestrel Gold (CVE:KGC) Trading 28.6% Higher – Here’s What Happened

Shares of Kestrel Gold Inc. (CVE:KGC) rose 28.6% on Tuesday . The company traded as high as C$0.05 and last traded at C$0.05. Approximately 248,071 shares were traded during trading, an increase of 277% from the average daily volume of 65,764 shares. The stock had previously closed at C$0.04.

Kestrel Gold Stock Performance

The company has a 50-day simple moving average of C$0.03 and a 200-day simple moving average of C$0.03. The stock has a market cap of C$4.20 million, a P/E ratio of -2.50 and a beta of 1.49.

Insider Buying and Selling at Kestrel Gold

In other news, insider John Bernard Kreft acquired 233,000 shares of the firm’s stock in a transaction on Thursday, April 17th. The shares were purchased at an average cost of C$0.35 per share, for a total transaction of C$81,550.00. Corporate insiders own 37.71% of the company’s stock.

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.