Avidian Gold (CVE:AVG) Stock Price Down 8.3% – Here’s What Happened

Avidian Gold Corp. (CVE:AVGGet Free Report)’s share price dropped 8.3% during mid-day trading on Tuesday . The stock traded as low as C$0.11 and last traded at C$0.11. Approximately 1,833 shares were traded during mid-day trading, a decline of 83% from the average daily volume of 10,952 shares. The stock had previously closed at C$0.12.

Avidian Gold Stock Down 8.3 %

The firm has a market cap of C$1.36 million, a price-to-earnings ratio of -2.75 and a beta of 2.05. The company has a quick ratio of 0.43, a current ratio of 0.04 and a debt-to-equity ratio of 119.40. The stock’s 50 day moving average is C$0.12 and its 200 day moving average is C$0.05.

About Avidian Gold

(Get Free Report)

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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