Kestrel Gold (CVE:KGC) Trading Up 27.3% – Time to Buy?

Kestrel Gold Inc. (CVE:KGC) traded up 27.3% on Friday . The stock traded as high as C$0.08 and last traded at C$0.07. 664,564 shares changed hands during mid-day 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 Performance

The company has a market capitalization of C$7.36 million, a price-to-earnings ratio of -2.50 and a beta of 1.49. The firm has a 50-day simple moving average of C$0.04 and a two-hundred day simple moving average of C$0.03.

Insider Activity at Kestrel Gold

In other Kestrel Gold news, insider John Bernard Kreft acquired 233,000 shares of the company’s stock in a transaction that occurred on Thursday, April 17th. The stock was purchased at an average price of C$0.35 per share, for a total transaction of C$81,550.00. 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.