Bravada Gold (CVE:BVA) Shares Down 9.4% – Time to Sell?

Shares of Bravada Gold Co. (CVE:BVAGet Free Report) dropped 9.4% during trading on Tuesday . The stock traded as low as C$1.10 and last traded at C$1.15. 69,219 shares changed hands during trading, an increase of 24% from the average session volume of 55,997 shares. The stock had previously closed at C$1.27.

Bravada Gold Price Performance

The stock’s 50 day moving average price is C$0.94 and its two-hundred day moving average price is C$0.77. The firm has a market capitalization of C$33.06 million, a price-to-earnings ratio of 28.75 and a beta of 2.01.

About Bravada Gold

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Bravada Gold Corporation engages in the acquisition, exploration, and development of precious metal properties in the United States and Canada. The company explores for gold, silver, and other metals. Its flagship property is the 100% owned Wind Mountain gold and silver property consisting of 124 claims covering an area of approximately 1,000 hectares located in northwestern Canada. Bravada Gold Corporation was incorporated in 2009 and is based in Vancouver, Canada.

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