Aston Bay (CVE:BAY) Shares Up 12%

Aston Bay Holdings Ltd. (CVE:BAY)’s share price shot up 12% during mid-day trading on Thursday . The stock traded as high as C$0.14 and last traded at C$0.14. 279,194 shares traded hands during trading, a decline of 18% from the average session volume of 340,843 shares. The stock had previously closed at C$0.13.

Aston Bay Stock Performance

The company has a debt-to-equity ratio of 239.68, a quick ratio of 0.06 and a current ratio of 0.63. The firm’s fifty day simple moving average is C$0.12 and its 200-day simple moving average is C$0.12. The stock has a market cap of C$35.41 million, a P/E ratio of -7.00 and a beta of -0.08.

Insider Transactions at Aston Bay

In related news, Director Thomas David Ullrich acquired 434,000 shares of Aston Bay stock in a transaction dated Thursday, June 27th. The stock was bought at an average price 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.