Shares of Aclara Resources Inc. (TSE:ARA – Get Free Report) were down 2.5% on Friday . The company traded as low as C$2.93 and last traded at C$3.08. Approximately 406,668 shares traded hands during trading, an increase of 67% from the average daily volume of 243,431 shares. The stock had previously closed at C$3.16.
Aclara Resources Stock Down 2.5%
The firm has a 50-day simple moving average of C$2.97 and a 200 day simple moving average of C$2.53. The stock has a market capitalization of C$677.55 million, a P/E ratio of -77.00 and a beta of 1.41. The company has a debt-to-equity ratio of 0.02, a current ratio of 9.27 and a quick ratio of 32.13.
About Aclara Resources
Aclara Resources Inc is a development-stage rare earth mineral resources company with approximately 451585 hectares of mining concessions located in the Maule Nuble Biobio and Araucan a regions of Chile. It is focused on the development and on the future construction and operation of the Penco Module which aims to produce a rare earth concentrate through a processing plant that will be fed by clays from nearby deposits.
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