Aton Resources (CVE:AAN) PT Set at C$1.08 by Fundamental Research

Aton Resources (CVE:AAN) received a C$1.08 price target from equities research analysts at Fundamental Research in a research note issued on Wednesday,BayStreet.CA reports. The brokerage currently has a “buy” rating on the stock. Fundamental Research’s price objective would indicate a potential upside of 116.00% from the company’s previous close.

Aton Resources Stock Performance

Shares of Aton Resources stock opened at C$0.50 on Wednesday. The firm has a 50-day moving average of C$0.51 and a 200-day moving average of C$0.34. Aton Resources has a 52-week low of C$0.15 and a 52-week high of C$0.64. The stock has a market cap of C$63.73 million, a PE ratio of -5.00 and a beta of 0.62.

About Aton Resources

Aton Resources Inc, a mineral exploration company, explores and develops mineral properties in the Arab Republic of Egypt. It explores for gold, silver, copper, zinc, and base metal deposits. Aton Resources Inc is based in Vancouver, Canada.