NV Gold (CVE:NVX) Stock Price Up 50% – Still a Buy?

NV Gold Co. (CVE:NVX)’s stock price was up 50% during mid-day trading on Thursday . The stock traded as high as C$0.30 and last traded at C$0.30. 115,015 shares traded hands during trading, an increase of 568% from the average daily volume of 17,223 shares. The stock had previously closed at C$0.20.

NV Gold Stock Down 5.9%

The company has a market capitalization of C$9.44 million, a PE ratio of -2.67 and a beta of -0.78. The company has a 50-day moving average price of C$0.27 and a two-hundred day moving average price of C$0.27.

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.