Avidian Gold (CVE:AVG) Trading Up 19.2% – Time to Buy?

Shares of Avidian Gold Corp. (CVE:AVG) traded up 19.2% on Friday . The stock traded as high as C$0.16 and last traded at C$0.16. 144,000 shares changed hands during trading, an increase of 418% from the average session volume of 27,792 shares. The stock had previously closed at C$0.13.

Avidian Gold Trading Up 19.2%

The company has a quick ratio of 0.43, a current ratio of 5.11 and a debt-to-equity ratio of 1.13. The business’s fifty day moving average is C$0.15 and its 200-day moving average is C$0.12. The stock has a market capitalization of C$1.92 million, a PE ratio of 5.17 and a beta of 0.02.

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. It also holds 100% interests in the Labrador west iron ore project located in Labrador; and holds 100% interests in the Lac Pegma copper-nickel-cobalt sulphide deposit located in Quebec.