Avrupa Minerals (CVE:AVU) Shares Down 14.3% – What’s Next?

Shares of Avrupa Minerals Ltd. (CVE:AVUGet Free Report) fell 14.3% on Thursday . The company traded as low as C$0.04 and last traded at C$0.06. 112,000 shares changed hands during mid-day trading, an increase of 58% from the average session volume of 71,100 shares. The stock had previously closed at C$0.07.

Avrupa Minerals Stock Performance

The firm has a market capitalization of C$3.80 million, a P/E ratio of -2.00 and a beta of -0.48. 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 firm has a 50-day moving average price of C$0.07 and a two-hundred day moving average price of C$0.06.

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. 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.

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