Avidian Gold (CVE:AVG) Trading Down 26.5% – Time to Sell?

Shares of Avidian Gold Corp. (CVE:AVG) fell 26.5% during trading on Monday . The stock traded as low as C$0.13 and last traded at C$0.13. 112,714 shares traded hands during trading, an increase of 785% from the average session volume of 12,739 shares. The stock had previously closed at C$0.17.

Avidian Gold Trading Down 3.7%

The business’s 50-day simple moving average is C$0.14 and its 200-day simple moving average is C$0.12. The company has a market cap of C$1.61 million, a PE ratio of 4.33 and a beta of 0.22. The company has a current ratio of 5.11, a quick ratio of 0.43 and a debt-to-equity ratio of 1.13.

Avidian Gold Company Profile

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. It also holds 100% interests in the Labrador west iron ore project located in Labrador; and holds 100% interests in the Lac Pegma copper-nickel-cobalt sulphide deposit located in Quebec.