Avrupa Minerals (CVE:AVU) Trading Up 16.7% – Time to Buy?
by Danessa Lincoln · The Markets DailyAvrupa Minerals Ltd. (CVE:AVU – Get Free Report)’s share price shot up 16.7% during mid-day trading on Monday . The stock traded as high as C$0.07 and last traded at C$0.07. 174,160 shares changed hands during trading, an increase of 11% from the average session volume of 157,080 shares. The stock had previously closed at C$0.06.
Avrupa Minerals Price Performance
The firm has a market cap of C$4.94 million, a P/E ratio of -2.00 and a beta of 0.28. The firm’s fifty day simple moving average is C$0.04 and its 200 day simple moving average is C$0.03. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.75 and a current ratio of 1.22.
About Avrupa Minerals
Avrupa Minerals Ltd. engages in the acquisition and exploration of mineral properties in Europe. It explores for gold, copper, and zinc. The company holds interest in the Alvalade project located in Iberian Pyrite Belt, Portugal; and Slivovo exploration license in Kosovo. It also holds interests in the Pielavesi, Kolima, and Yli-li properties in Finland. The company was formerly known as Everclear Capital Ltd. and changed its name to Avrupa Minerals Ltd. in July 2010. Avrupa Minerals Ltd. was incorporated in 2008 and is headquartered in Vancouver, Canada.