Aton Resources (CVE:AAN) Stock Price Down 2% – Time to Sell?

Shares of Aton Resources Inc. (CVE:AAN) traded down 2% on Monday . The stock traded as low as C$0.48 and last traded at C$0.48. 53,003 shares were traded during mid-day trading, an increase of 191% from the average session volume of 18,240 shares. The stock had previously closed at C$0.49.

Analyst Ratings Changes

Separately, Fundamental Research set a C$1.08 target price on shares of Aton Resources and gave the company a “buy” rating in a research report on Wednesday, February 11th. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of C$1.08.

Aton Resources Stock Performance

The company has a market cap of C$56.08 million, a P/E ratio of -4.40 and a beta of 0.14. The stock has a 50-day moving average of C$0.53 and a two-hundred day moving average of C$0.50.

Aton Resources Company Profile

Aton Resources Inc, a mineral exploration company, explores and develops mineral properties in the Arab Republic of Egypt. It explores for gold, silver, copper, zinc, and base metal deposits. Aton Resources Inc is based in Vancouver, Canada.