Avidian Gold (CVE:AVG) Trading Up 5% – Here’s Why

Avidian Gold Corp. (CVE:AVG)’s stock price rose 5% during trading on Thursday . The stock traded as high as C$0.11 and last traded at C$0.11. Approximately 27,000 shares changed hands during trading, an increase of 109% from the average daily volume of 12,920 shares. The stock had previously closed at C$0.10.

Avidian Gold Stock Up 5.0 %

The stock has a market capitalization of C$1.30 million, a P/E ratio of -2.63 and a beta of 2.05. The firm’s 50-day simple moving average is C$0.10 and its 200 day simple moving average is C$0.07. The company has a debt-to-equity ratio of 119.40, a quick ratio of 0.43 and a current ratio of 0.04.

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.