Aclara Resources Inc. (TSE:ARA – Get Free Report)’s stock price fell 1.4% during mid-day trading on Monday . The company traded as low as C$2.69 and last traded at C$2.87. 297,292 shares were traded during trading, an increase of 44% from the average session volume of 205,926 shares. The stock had previously closed at C$2.91.
Aclara Resources Stock Performance
The company has a debt-to-equity ratio of 0.29, a current ratio of 7.00 and a quick ratio of 32.13. The business has a 50 day moving average price of C$3.28 and a 200 day moving average price of C$2.74. The stock has a market capitalization of C$631.36 million, a PE ratio of -71.75 and a beta of 0.49.
About Aclara Resources
Aclara Resources Inc is a development-stage rare earth mineral resources company with approximately 451585 hectares of mining concessions located in the Maule Nuble Biobio and Araucan a regions of Chile. It is focused on the development and on the future construction and operation of the Penco Module which aims to produce a rare earth concentrate through a processing plant that will be fed by clays from nearby deposits.
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