Aton Resources (CVE:AAN) Shares Down 2.6%

Aton Resources Inc. (CVE:AAN)’s share price fell 2.6% on Thursday . The company traded as low as C$0.19 and last traded at C$0.19. 6,000 shares changed hands during mid-day trading, a decline of 69% from the average session volume of 19,163 shares. The stock had previously closed at C$0.20.

Analyst Ratings Changes

Separately, Fundamental Research set a C$0.62 target price on shares of Aton Resources and gave the company a “buy” rating in a research note on Wednesday, May 22nd.

Aton Resources Stock Performance

The company has a market capitalization of C$24.22 million, a price-to-earnings ratio of -1.27 and a beta of 0.71. The company has a 50-day moving average price of C$0.20 and a 200-day moving average price of C$0.25.

Aton Resources Company Profile

Aton Resources Inc, a mineral exploration company, explores for and develops mineral properties in the Arab Republic of Egypt. The company primarily explores for gold, silver, copper, and zinc deposits. It holds a 100% interest in the Abu Marawat concession covering an area of approximately 448 square kilometers located in Arabian-Nubian Shield, Egypt that explores for the Hamama West gold-silver deposit and Abu Marawat gold-silver-copper-zinc vein deposit, as well as operates Rodruin mineral deposit.