Aston Bay (CVE:BAY) Trading 33.3% Higher

Aston Bay Holdings Ltd. (CVE:BAY – Get Rating) traded up 33.3% during mid-day trading on Friday . The company traded as high as C$0.04 and last traded at C$0.04. 497,500 shares were traded during trading, an increase of 223% from the average session volume of 153,803 shares. The stock had previously closed at C$0.03.

Aston Bay Stock Performance

The company has a market capitalization of C$7.14 million, a P/E ratio of -2.50 and a beta of 0.14. The stock has a fifty day simple moving average of C$0.04 and a 200-day simple moving average of C$0.03. The company has a quick ratio of 0.06, a current ratio of 0.03 and a debt-to-equity ratio of 1.47.

About Aston Bay

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Aston Bay Holdings Ltd. acquires, explores for, and develops resource properties in North America. The company explores for copper, lead, zinc, gold, silver, and precious metal deposits. It holds a 100% interest in the Storm Copper and Seal Zinc project that consists of 117 contiguous mining claims and 6 prospecting permits covering an area of approximately 302,725 hectares on Somerset Island, Nunavut, Canada; the Blue Ridge Gold project covers an area of 4,445 hectares located in central Virginia, the United States; and the Mountain Zinc-Copper project, which covers an area of 1,982 acres located in central Virginia, the United States.