Bravada Gold (CVE:BVA) Shares Down 1.4% – Here’s Why

Shares of Bravada Gold Co. (CVE:BVAGet Free Report) dropped 1.4% during mid-day trading on Thursday . The stock traded as low as C$0.70 and last traded at C$0.71. Approximately 115,028 shares were traded during trading, an increase of 96% from the average daily volume of 58,779 shares. The stock had previously closed at C$0.72.

Bravada Gold Stock Down 1.4%

The firm has a market capitalization of C$20.41 million, a price-to-earnings ratio of 17.75 and a beta of 1.80. The business’s fifty day moving average is C$0.77 and its 200 day moving average is C$0.43.

About Bravada Gold

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Bravada Gold Corporation engages in the acquisition, exploration, and development of precious metal properties in the United States and Canada. The company explores for gold, silver, and other metals. Its flagship property is the 100% owned Wind Mountain gold and silver property consisting of 124 claims covering an area of approximately 1,000 hectares located in northwestern Canada. Bravada Gold Corporation was incorporated in 2009 and is based in Vancouver, Canada.

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