NV Gold (CVE:NVX) Trading Down 2.6% – Time to Sell?

NV Gold Co. (CVE:NVX) shares were down 2.6% on Friday . The company traded as low as C$0.19 and last traded at C$0.19. Approximately 8,000 shares traded hands during trading, a decline of 43% from the average daily volume of 14,090 shares. The stock had previously closed at C$0.19.

NV Gold Stock Performance

The firm has a 50-day moving average of C$0.24 and a 200-day moving average of C$0.27. The company has a current ratio of 0.20, a quick ratio of 20.22 and a debt-to-equity ratio of 19.85. The stock has a market capitalization of C$1.83 million, a price-to-earnings ratio of -0.56 and a beta of 1.03.

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.