Aton Resources (CVE:AAN) Trading Down 1.9% – What’s Next?

Aton Resources Inc. (CVE:AAN) was down 1.9% during mid-day trading on Friday . The company traded as low as C$0.51 and last traded at C$0.51. Approximately 750 shares traded hands during trading, a decline of 96% from the average daily volume of 18,593 shares. The stock had previously closed at C$0.52.

Wall Street Analyst Weigh In

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

Aton Resources Trading Down 1.9%

The company has a market capitalization of C$65.00 million, a P/E ratio of -5.10 and a beta of 0.14. The firm’s 50 day moving average price is C$0.54 and its two-hundred day moving average price is C$0.47.

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.