Aston Bay (CVE:BAY) Trading Down 15.4% – Here’s Why

by · The Cerbat Gem

Aston Bay Holdings Ltd. (CVE:BAY – Get Free Report)’s share price was down 15.4% on Wednesday . The stock traded as low as C$0.06 and last traded at C$0.06. Approximately 243,571 shares were traded during mid-day trading, an increase of 42% from the average daily volume of 171,018 shares. The stock had previously closed at C$0.07.

Aston Bay Stock Performance

The firm has a 50 day simple moving average of C$0.07 and a 200-day simple moving average of C$0.09. The company has a market cap of C$15.18 million, a price-to-earnings ratio of -3.00 and a beta of -0.14. The company has a debt-to-equity ratio of 239.68, a current ratio of 2.96 and a quick ratio of 0.06.

About Aston Bay

(Get Free Report)

Aston Bay Holdings Ltd. acquires and explores resource properties in the United States and Canada. It explores for copper, silver, zinc, gold, cobalt, lead, base metals, and precious metal deposits. The company is headquartered in Toronto, Canada.

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