Aton Resources (CVE:AAN) Hits New 12-Month High – What’s Next?

Aton Resources Inc. (CVE:AAN)’s stock price reached a new 52-week high during mid-day trading on Friday . The stock traded as high as C$0.65 and last traded at C$0.65, with a volume of 7017 shares. The stock had previously closed at C$0.62.

Wall Street Analysts Forecast Growth

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

Aton Resources Stock Performance

The firm’s 50-day moving average is C$0.54 and its two-hundred day moving average is C$0.36. The stock has a market cap of C$82.85 million, a P/E ratio of -6.50 and a beta of 0.62.

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.