TSX-V

Avidian Gold Corp.

AVG.V•Basic Materials•Gold
Current Price
$0.11
Today's Change
-8.33%
Market Cap
$2.09M
Volume
26.50K
🥇

Commodity Exposure

Gold

Current Price
$4,076.10/oz
-1.78% today
💡

Industry Context

Mining companies typically trade at 5-9x EV/EBITDA due to commodity price volatility. Gold price movements significantly impact profitability.

Price updated: Oct 22, 2026, 03:00 PM

💡 Quick Take

Avidian Gold Corp. focuses on acquiring, exploring, and developing gold properties in North America, while also exploring for other minerals. Its strengths include impressive financial health with a high ROE of 85.6% and a current ratio of 8.29, indicating strong liquidity and no debt. However, the stock price has declined by 8.33%, which raises concerns about market sentiment despite solid financial metrics. The low market cap of $2.09M may suggest undervaluation relative to its strong profitability ratios, warranting further investigation into market dynamics.

Based on 20 data points⚠️Not financial advice

📊 Key Metrics

52 Week High$0.23
52 Week Low$0.10
Avg Volume14.05K
Beta1.04
Shares Outstanding18.97M

🔥 Valuation

Market Cap$2.09M
Enterprise Value$-1.95M
P/E Ratio0.45
EV/EBITDA ⚠️0.63x
Dividend Yield0.00%

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🚩 Red Flags

🟠

Limited Cash Runway

Company is burning $200K per quarter with $778K in cash. Approximately 3.9 quarters of runway at current burn rate.

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Persistent Cash Burn

Operating cash flow has been negative for 3 consecutive quarters, burning $799K over the last year.

🌟 Opportunities

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Fortress balance sheet: cash covers total debt 884×, providing significant financial flexibility.

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Excellent liquidity with current ratio of 8.3x ensures operational stability.

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