Fundamental Research set a C$0.13 price objective on Aton Resources (CVE:AAN) in a research note released on Wednesday morning. The brokerage currently has a buy rating on the stock.

Shares of Aton Resources (AAN) traded up C$0.01 during midday trading on Wednesday, hitting C$0.04. The company had a trading volume of 284,000 shares, compared to its average volume of 123,500. The company has a market cap of $6.43, a P/E ratio of -1.33 and a beta of 4.41. Aton Resources has a 1-year low of C$0.03 and a 1-year high of C$0.07.

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Aton Resources Company Profile

Aton Resources Inc, through its subsidiaries, engages in the exploration and development of mineral properties in the Arab Republic of Egypt. The company primarily explores for gold, copper, zinc, and silver deposits. It holds two exploration concessions, including the Abu Marawat covering an area of 738 square kilometers and the Fatiri concession covering an area of 1,745 square kilometers in Egypt.

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