Shares of Kestrel Gold Inc (CVE:KGC) fell 25% during mid-day trading on Friday . The company traded as low as C$0.02 and last traded at C$0.02, 52,000 shares were traded during trading. A decline of 53% from the average session volume of 110,683 shares. The stock had previously closed at C$0.02.

The stock’s 50-day moving average price is C$0.02 and its 200-day moving average price is C$0.02. The company has a market capitalization of $1.01 million and a price-to-earnings ratio of -0.88.

Kestrel Gold Company Profile (CVE:KGC)

Kestrel Gold Inc, an exploration stage company, engages in the acquisition, exploration, and evaluation of mineral properties in Canada. It primarily explores for gold deposits. It has an option to acquire 100% interest in the King Solomon Dome project located in Yukon territory; 100% interest in the Val-Jual property that covers an area of approximately 1,350 hectares situated in southwest of Dawson City, Yukon; Clear Creek property covering an area of approximately 1,700 hectares located at the east of Dawson City, Yukon; and Dease Lake property, which covers an area of approximately 1,835 hectares situated within the Liard mining division of British Columbia.

Further Reading: Basic Economics

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