Avidian Gold (CVE:AVG) Trading Down 8.3% – Should You Sell?

Avidian Gold Corp. (CVE:AVGGet Free Report) fell 8.3% during trading on Tuesday . The company traded as low as C$0.11 and last traded at C$0.11. 1,833 shares changed hands during mid-day trading, a decline of 83% from the average session volume of 10,952 shares. The stock had previously closed at C$0.12.

Avidian Gold Price Performance

The business has a 50 day moving average of C$0.12 and a 200 day moving average of C$0.05. The company has a debt-to-equity ratio of 119.40, a current ratio of 0.04 and a quick ratio of 0.43. The firm has a market capitalization of C$1.36 million, a price-to-earnings ratio of -2.75 and a beta of 2.05.

About Avidian Gold

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Avidian Gold Corp. engages in the acquisition, exploration, and development of gold properties in North America. It also explores for silver and copper properties. The company holds 100% interests in the Golden Zone property covering an area of 12,525 hectares located in Alaska; the Amanita property claims totaling 1,460 hectares situated to the northeast of Fairbanks, Alaska; and the Jungo Property covering an area of 2,000 hectares located in Humboldt mineral trend, Nevada.

Further Reading

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