Avidian Gold Corp. (CVE:AVG – Get Free Report) dropped 25% during mid-day trading on Wednesday . The stock traded as low as C$0.01 and last traded at C$0.02. Approximately 76,000 shares changed hands during mid-day trading, a decline of 62% from the average daily volume of 197,538 shares. The stock had previously closed at C$0.02.
Avidian Gold Stock Performance
The company has a current ratio of 0.11, a quick ratio of 0.43 and a debt-to-equity ratio of 68.94. The firm has a 50-day moving average of C$0.01 and a 200-day moving average of C$0.01. The stock has a market capitalization of C$2.78 million, a price-to-earnings ratio of -1.00 and a beta of 2.13.
Avidian Gold Company Profile
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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