Avrupa Minerals (CVE:AVU) Trading 20% Higher – Time to Buy?

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

Avrupa Minerals Price Performance

The company has a 50 day simple moving average of C$0.02 and a 200-day simple moving average of C$0.02. The stock has a market cap of C$1.94 million, a price-to-earnings ratio of -2.00 and a beta of 1.06. The company has a quick ratio of 1.75, a current ratio of 1.22 and a debt-to-equity ratio of 0.06.

Avrupa Minerals Company Profile

(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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