Kestrel Gold Inc. (CVE:KGC – Get Free Report) shares shot up 27.3% during trading on Friday . The company traded as high as C$0.08 and last traded at C$0.07. 664,564 shares changed hands during trading, an increase of 737% from the average session volume of 79,427 shares. The stock had previously closed at C$0.06.
Kestrel Gold Stock Up 27.3%
The firm has a market capitalization of C$7.36 million, a P/E ratio of -2.50 and a beta of 1.49. The business’s 50 day moving average is C$0.04 and its two-hundred day moving average is C$0.03.
Insider Activity at Kestrel Gold
In related news, insider John Bernard Kreft acquired 233,000 shares of the firm’s stock in a transaction dated Thursday, April 17th. The stock was acquired at an average cost of C$0.35 per share, for a total transaction of C$81,550.00. Company 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.
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