Avrupa Minerals (CVE:AVU) Stock Price Up 40% – Time to Buy?

Avrupa Minerals Ltd. (CVE:AVUGet Free Report)’s stock price rose 40% during trading on Saturday . The stock traded as high as C$0.04 and last traded at C$0.04. Approximately 705,000 shares were traded during mid-day trading, an increase of 411% from the average daily volume of 137,948 shares. The stock had previously closed at C$0.03.

Avrupa Minerals Stock Up 40.0%

The firm’s 50 day simple moving average is C$0.03 and its 200 day simple moving average is C$0.02. The company has a market cap of C$2.26 million, a price-to-earnings ratio of -2.00 and a beta of 1.28. The company has a quick ratio of 1.75, a current ratio of 1.22 and a debt-to-equity ratio of 0.06.

About Avrupa Minerals

(Get Free Report)

Avrupa Minerals Ltd. engages in the acquisition and exploration of mineral properties in Europe. It explores for gold, copper, and zinc. The company holds interest in the Alvalade project located in Iberian Pyrite Belt, Portugal; and Slivovo exploration license in Kosovo. It also holds interests in the Pielavesi, Kolima, and Yli-li properties in Finland.

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