Avidian Gold (CVE:AVG) Shares Down 18.2% – Should You Sell?

Shares of Avidian Gold Corp. (CVE:AVGGet Free Report) fell 18.2% during trading on Tuesday . The stock traded as low as C$0.09 and last traded at C$0.09. 121,999 shares were traded during trading, an increase of 813% from the average session volume of 13,361 shares. The stock had previously closed at C$0.11.

Avidian Gold Price Performance

The stock has a market cap of C$1.05 million, a price-to-earnings ratio of -2.13 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 company has a 50-day simple moving average of C$0.11 and a two-hundred day simple moving average of C$0.07.

About Avidian Gold

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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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