Aton Resources (CVE:AAN) Trading Down 1.9% – Here’s What Happened

Aton Resources Inc. (CVE:AAN)’s share price traded down 1.9% during trading on Friday . The stock traded as low as C$0.51 and last traded at C$0.51. 750 shares were traded during trading, a decline of 96% from the average session volume of 18,593 shares. The stock had previously closed at C$0.52.

Analysts Set New Price Targets

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

Aton Resources Stock Performance

The firm has a 50-day moving average price of C$0.54 and a 200-day moving average price of C$0.47. The stock has a market cap of C$65.00 million, a PE ratio of -5.10 and a beta of 0.14.

About Aton Resources

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.