Aton Resources (CVE:AAN) Stock Price Down 2% – What’s Next?

Aton Resources Inc. (CVE:AAN)’s stock price dropped 2% on Monday . The stock traded as low as C$0.48 and last traded at C$0.48. Approximately 53,003 shares changed hands during trading, an increase of 191% from the average daily volume of 18,240 shares. The stock had previously closed at C$0.49.

Wall Street Analyst Weigh In

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

Aton Resources Trading Down 2.0%

The firm has a fifty day moving average of C$0.53 and a 200 day moving average of C$0.50. The company has a market capitalization of C$61.18 million, a P/E ratio of -4.80 and a beta of 0.14.

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.