Aguia Resources (CVE:AGRL) Shares Down 7.1% – Here’s Why

Aguia Resources Limited (CVE:AGRLGet Free Report)’s share price dropped 7.1% on Friday . The company traded as low as C$0.13 and last traded at C$0.13. Approximately 361,698 shares traded hands during mid-day trading, a decline of 14% from the average daily volume of 418,301 shares. The stock had previously closed at C$0.14.

Aguia Resources Stock Down 7.1%

The company’s 50 day moving average price is C$0.13 and its 200 day moving average price is C$0.13. The firm has a market capitalization of C$24.14 million and a price-to-earnings ratio of -10.00.

About Aguia Resources

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Aguia Resources Limited engages in the exploration and development of mineral resource projects in Brazil. Its flagship Rio Grande phosphate assets include the TrĂªs Estradas, Joca Tavares, Porteira carbonatite, and Cerro Preto deposits located in the state of Rio Grande do Sul in southern Brazil. Aguia Resources Limited was incorporated in 2007 and is based in Belo Horizonte, Brazil.

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