Kestrel Gold (CVE:KGC) Trading Up 28.6% – Here’s Why

Kestrel Gold Inc. (CVE:KGC) shares rose 28.6% during trading on Monday . The stock traded as high as C$0.05 and last traded at C$0.05. Approximately 248,071 shares changed hands 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 Price Performance

The stock has a 50-day moving average price of C$0.03 and a two-hundred day moving average price of C$0.03. The stock has a market cap of C$4.73 million, a PE ratio of -2.50 and a beta of 1.49.

Insider Activity

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

About Kestrel Gold

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.