Avrupa Minerals (CVE:AVU) Trading Up 25% – Still a Buy?

by · The Cerbat Gem

Avrupa Minerals Ltd. (CVE:AVU – Get Free Report)’s share price rose 25% during trading on Monday . The company traded as high as C$0.05 and last traded at C$0.05. Approximately 324,450 shares were traded during mid-day trading, an increase of 152% from the average daily volume of 128,914 shares. The stock had previously closed at C$0.04.

Avrupa Minerals Trading Down 9.1%

The business has a 50 day simple moving average of C$0.04 and a 200 day simple moving average of C$0.03. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.22 and a quick ratio of 1.75. The company has a market cap of C$3.23 million, a price-to-earnings ratio of -2.00 and a beta of 0.82.

Avrupa Minerals Company Profile

(Get Free Report)

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.

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