Aton Resources (CVE:AAN) Hits New 1-Year High – Time to Buy?

Aton Resources Inc. (CVE:AAN)’s stock price hit a new 52-week high during trading on Thursday . The stock traded as high as C$0.69 and last traded at C$0.69, with a volume of 2318 shares changing hands. The stock had previously closed at C$0.66.

Analyst Ratings Changes

Separately, Fundamental Research set a C$1.08 price target on shares of Aton Resources and gave the stock a “buy” rating in a report on Wednesday, February 11th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of C$1.08.

Aton Resources Stock Performance

The company has a market cap of C$62.45 million, a price-to-earnings ratio of -4.90 and a beta of 0.07. The business has a fifty day moving average price of C$0.56 and a 200 day moving average price of C$0.38.

Aton Resources Company Profile

Aton Resources Inc, a mineral exploration company, explores and develops mineral properties in the Arab Republic of Egypt. It explores for gold, silver, copper, zinc, and base metal deposits. Aton Resources Inc is based in Vancouver, Canada.