NV Gold (CVE:NVX) Trading Up 9.3% – Time to Buy?

Shares of NV Gold Co. (CVE:NVX) shot up 9.3% during mid-day trading on Thursday . The company traded as high as C$0.29 and last traded at C$0.29. Approximately 9,004 shares changed hands during trading, a decline of 48% from the average daily volume of 17,163 shares. The stock had previously closed at C$0.27.

NV Gold Price Performance

The company has a market capitalization of C$8.70 million, a price-to-earnings ratio of -2.46 and a beta of -0.69. The business has a fifty day moving average price of C$0.31 and a 200 day moving average price of C$0.26.

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.