Avidian Gold Corp. (CVE:AVG – Get Free Report) shares dropped 23.5% during mid-day trading on Monday . The stock traded as low as C$0.13 and last traded at C$0.13. Approximately 140,214 shares traded hands during mid-day trading, an increase of 653% from the average daily volume of 18,623 shares. The stock had previously closed at C$0.17.
Avidian Gold Stock Down 23.5%
The stock has a market capitalization of C$1.61 million, a P/E 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. The stock’s 50 day simple moving average is C$0.14 and its 200 day simple moving average is C$0.12.
About Avidian Gold
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.
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