Avrupa Minerals (CVE:AVU) Stock Price Up 16.7% – Still a Buy?

Avrupa Minerals Ltd. (CVE:AVU)’s stock price was up 16.7% on Monday . The company traded as high as C$0.07 and last traded at C$0.07. Approximately 174,160 shares were traded during trading, an increase of 11% from the average daily volume of 157,080 shares. The stock had previously closed at C$0.06.

Avrupa Minerals Trading Up 8.3%

The business’s 50-day simple moving average is C$0.04 and its 200-day simple moving average is C$0.03. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.22 and a quick ratio of 1.75. The company has a market cap of C$4.94 million, a price-to-earnings ratio of -2.00 and a beta of 0.28.

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.