NV Gold (CVE:NVX) Stock Price Down 13.3% – Here’s What Happened

NV Gold Co. (CVE:NVX) shares traded down 13.3% during mid-day trading on Friday . The stock traded as low as C$0.52 and last traded at C$0.52. Approximately 123,668 shares traded hands during trading, an increase of 452% from the average daily volume of 22,397 shares. The stock had previously closed at C$0.60.

NV Gold Trading Down 13.3%

The firm has a fifty day simple moving average of C$0.31 and a 200 day simple moving average of C$0.29. The stock has a market cap of C$16.85 million, a price-to-earnings ratio of -4.33 and a beta of -0.78.

NV Gold Company Profile

NV Gold Corporation identifies, acquires, and explores for mineral properties in the United States and Switzerland. The company explores for gold, silver, and precious metal deposits. The company holds 100% interests in 11 exploration projects in Nevada, as well as AngloGold-Ashanti database. It also holds interests in the Cooks Creek project located in Lander County, Nevada; the Frazier Dome project situated in Nye County, Nevada; the Swiss Permits located within the Communes of Medel/Lucmagn, Disentis/Muster, and Sumvitg in Canton Graubunden, and southeastern Switzerland; the Slumber Gold Project situated in Humboldt County, Nevada; the Green Gold project located in Pershing County, Nevada; the SW Pipe project situated in Lander County, Nevada; the Sandy Gold project located in Lyon County, Nevada; the Cone project situated in Eureka County, Nevada; and the Darby Flats Project located in Elko County, Nevada.