Kestrel Gold (CVE:KGC) Sets New 52-Week Low – Time to Sell?

Kestrel Gold Inc. (CVE:KGC) shares hit a new 52-week low during trading on Wednesday . The company traded as low as C$0.02 and last traded at C$0.02, with a volume of 26000 shares trading hands. The stock had previously closed at C$0.03.

Kestrel Gold Stock Performance

The stock has a market cap of C$2.17 million, a price-to-earnings ratio of 3.33 and a beta of 2.22. The company’s 50 day simple moving average is C$0.03 and its two-hundred day simple moving average is C$0.03.

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.