Aston Bay (CVE:BAY) Reaches New 52-Week Low – Time to Sell?
by Michael Walen · The Markets DailyAston Bay Holdings Ltd. (CVE:BAY – Get Free Report) hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as C$0.05 and last traded at C$0.05, with a volume of 723500 shares trading hands. The stock had previously closed at C$0.05.
Aston Bay Stock Performance
The firm has a 50 day moving average of C$0.06 and a 200-day moving average of C$0.06. The company has a market cap of C$11.38 million, a P/E ratio of 4.50 and a beta of -2.70. The company has a quick ratio of 0.06, a current ratio of 2.96 and a debt-to-equity ratio of 239.68.
About Aston Bay
Aston Bay Holdings Ltd. acquires and explores resource properties in the United States and Canada. It explores for copper, silver, zinc, gold, cobalt, lead, base metals, and precious metal deposits. The company is headquartered in Toronto, Canada.