Shares of Avidian Gold Corp. (CVE:AVG – Get Free Report) dropped 18.2% during mid-day trading on Tuesday . The stock traded as low as C$0.09 and last traded at C$0.09. Approximately 121,999 shares were traded during mid-day trading, an increase of 813% from the average daily volume of 13,361 shares. The stock had previously closed at C$0.11.
Avidian Gold Trading Down 18.2 %
The firm has a market cap of C$1.11 million, a P/E ratio of -2.25 and a beta of 2.05. The company has a debt-to-equity ratio of 119.40, a quick ratio of 0.43 and a current ratio of 0.04. The stock has a fifty day simple moving average of C$0.11 and a 200 day simple moving average of C$0.06.
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.
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