Avrupa Minerals (CVE:AVU) Stock Price Up 20% – Time to Buy?

Avrupa Minerals Ltd. (CVE:AVUGet Free Report) shares rose 20% during mid-day trading on Friday . The stock traded as high as C$0.04 and last traded at C$0.03. Approximately 667,250 shares changed hands during trading, an increase of 429% from the average daily volume of 126,061 shares. The stock had previously closed at C$0.03.

Avrupa Minerals Stock Performance

The company has a current ratio of 1.22, a quick ratio of 1.75 and a debt-to-equity ratio of 0.06. The stock’s 50-day moving average price is C$0.02 and its 200-day moving average price is C$0.02. The company has a market capitalization of C$1.94 million, a P/E ratio of -2.00 and a beta of 1.06.

About Avrupa Minerals

(Get Free Report)

Avrupa Minerals Ltd. engages in the acquisition and exploration of mineral properties in Europe. It explores for gold, copper, and zinc. The company holds interest in the Alvalade project located in Iberian Pyrite Belt, Portugal; and Slivovo exploration license in Kosovo. It also holds interests in the Pielavesi, Kolima, and Yli-li properties in Finland.

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