Avidian Gold (CVE:AVG) Trading Down 23.5% – Time to Sell?

Avidian Gold Corp. (CVE:AVG) fell 23.5% on Tuesday . The stock traded as low as C$0.13 and last traded at C$0.13. 140,214 shares traded hands during trading, an increase of 653% from the average session volume of 18,623 shares. The stock had previously closed at C$0.17.

Avidian Gold Trading Down 23.5%

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 has a market capitalization of C$1.61 million, a price-to-earnings ratio of 4.33 and a beta of 0.22. The business has a 50 day simple moving average of C$0.14 and a 200-day simple moving average of 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.