Kestrel Gold (CVE:KGC) Reaches New 52-Week High – Time to Buy?

Shares of Kestrel Gold Inc. (CVE:KGC) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as C$0.05 and last traded at C$0.05, with a volume of 188193 shares traded. The stock had previously closed at C$0.04.

Kestrel Gold Stock Up 12.5%

The firm has a market capitalization of C$4.73 million, a price-to-earnings ratio of -2.50 and a beta of 1.49. The business’s fifty day moving average is C$0.03 and its 200 day moving average is C$0.03.

Insiders Place Their Bets

In other Kestrel Gold news, insider John Bernard Kreft purchased 233,000 shares of the firm’s stock in a transaction dated Thursday, April 17th. The stock was bought at an average cost 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.

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.