Aston Bay (CVE:BAY) Shares Down 10% – Here’s Why

Aston Bay Holdings Ltd. (CVE:BAYGet Free Report) shares dropped 10% on Friday . The company traded as low as C$0.04 and last traded at C$0.04. 209,543 shares changed hands during mid-day trading, an increase of 37% from the average daily volume of 152,469 shares. The stock had previously closed at C$0.05.

Aston Bay Stock Down 10.0%

The firm’s fifty day moving average is C$0.05 and its 200-day moving average is C$0.06. The company has a market capitalization of C$11.38 million, a P/E ratio of -4.50 and a beta of -2.79. The company has a debt-to-equity ratio of 239.68, a quick ratio of 0.06 and a current ratio of 2.96.

Aston Bay Company Profile

(Get Free Report)

Aston Bay Holdings Ltd. acquires and explores resource properties in the United States and Canada. It explores for copper, silver, zinc, gold, cobalt, lead, base metals, and precious metal deposits. The company is headquartered in Toronto, Canada.

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