NV Gold (CVE:NVX) Sets New 52-Week Low – Here’s Why

NV Gold Co. (CVE:NVX)’s stock price hit a new 52-week low on Thursday . The stock traded as low as C$0.18 and last traded at C$0.17, with a volume of 5500 shares changing hands. The stock had previously closed at C$0.20.

NV Gold Stock Down 12.8 %

The firm has a 50-day moving average price of C$0.17 and a two-hundred day moving average price of C$0.21. The company has a quick ratio of 20.22, a current ratio of 0.13 and a debt-to-equity ratio of 21.51. The company has a market capitalization of C$1.55 million, a P/E ratio of -3.25 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.