NV Gold (CVE:NVX) Stock Price Down 16.4% – Should You Sell?

NV Gold Co. (CVE:NVX) was down 16.4% during mid-day trading on Thursday . The stock traded as low as C$0.23 and last traded at C$0.23. Approximately 5,500 shares were traded during mid-day trading, a decline of 61% from the average daily volume of 14,149 shares. The stock had previously closed at C$0.28.

NV Gold Stock Performance

The business has a fifty day moving average of C$0.26 and a 200-day moving average of C$0.28. The company has a market cap of C$2.27 million, a PE ratio of -0.70 and a beta of 1.03. The company has a current ratio of 0.20, a quick ratio of 20.22 and a debt-to-equity ratio of 19.85.

NV Gold Company Profile

NV Gold Corporation identifies, acquires, and explores for mineral properties in the United States and Switzerland. The company explores for gold, silver, and precious metal deposits. The company holds 100% interests in 11 exploration projects in Nevada, as well as AngloGold-Ashanti database. It also holds interests in the Cooks Creek project located in Lander County, Nevada; the Frazier Dome project situated in Nye County, Nevada; the Swiss Permits located within the Communes of Medel/Lucmagn, Disentis/Muster, and Sumvitg in Canton Graubunden, and southeastern Switzerland; the Slumber Gold Project situated in Humboldt County, Nevada; the Green Gold project located in Pershing County, Nevada; the SW Pipe project situated in Lander County, Nevada; the Sandy Gold project located in Lyon County, Nevada; the Cone project situated in Eureka County, Nevada; and the Darby Flats Project located in Elko County, Nevada.