Avrupa Minerals (CVE:AVU) Trading Up 20% – Still a Buy?

Shares of Avrupa Minerals Ltd. (CVE:AVUGet Free Report) were up 20% during trading on Saturday . The company traded as high as C$0.04 and last traded at C$0.03. Approximately 667,250 shares changed hands during mid-day 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 Price Performance

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

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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