Aston Bay (CVE:BAY) Shares Up 10.5%

Aston Bay Holdings Ltd. (CVE:BAY) shot up 10.5% during mid-day trading on Monday . The stock traded as high as C$0.11 and last traded at C$0.11. 181,400 shares were traded during mid-day trading, a decline of 44% from the average session volume of 326,280 shares. The stock had previously closed at C$0.10.

Aston Bay Stock Performance

The company has a current ratio of 2.96, a quick ratio of 0.06 and a debt-to-equity ratio of 239.68. The firm has a 50-day moving average of C$0.11 and a 200-day moving average of C$0.12. The stock has a market capitalization of C$27.82 million, a price-to-earnings ratio of -5.50 and a beta of -0.09.

Insider Activity

In other Aston Bay news, Director Thomas David Ullrich bought 434,000 shares of the firm’s stock in a transaction on Thursday, June 27th. The shares were acquired at an average cost of C$0.12 per share, with a total value of C$49,910.00. Insiders own 6.33% of the company’s stock.

About Aston Bay

Aston Bay Holdings Ltd. acquires, explores for, and develops resource properties in the United States and Canada. The company explores for copper, lead, zinc, gold, silver, and precious metal deposits. It holds a 100% interest in the Storm Copper and Seal Zinc project that consists of 117 contiguous mining claims covering an area of approximately 302,725 hectares on Somerset Island, Nunavut, Canada; and the Blue Ridge Gold project covers an area of 4,445 hectares located in central Virginia, the United States.