Avrupa Minerals (CVE:AVU) Shares Down 14.3% – Here’s What Happened

Avrupa Minerals Ltd. (CVE:AVU) shares fell 14.3% on Thursday . The company traded as low as C$0.04 and last traded at C$0.06. 112,000 shares traded hands during mid-day trading, an increase of 58% from the average session volume of 71,100 shares. The stock had previously closed at C$0.07.

Avrupa Minerals Trading Down 14.3%

The business has a 50 day moving average of C$0.07 and a two-hundred day moving average of C$0.06. The company has a current ratio of 1.22, a quick ratio of 1.75 and a debt-to-equity ratio of 0.06. The firm has a market cap of C$4.56 million, a P/E ratio of -2.00 and a beta of -0.48.

Avrupa Minerals Company Profile

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. The company was formerly known as Everclear Capital Ltd. and changed its name to Avrupa Minerals Ltd. in July 2010. Avrupa Minerals Ltd. was incorporated in 2008 and is headquartered in Vancouver, Canada.