Aston Bay (CVE:BAY) Shares Up 10.5%

Aston Bay Holdings Ltd. (CVE:BAY) shares shot up 10.5% during trading on Monday . The stock traded as high as C$0.11 and last traded at C$0.11. 181,400 shares traded hands 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 Up 15.8 %

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

Insiders Place Their Bets

In related news, Director Thomas David Ullrich acquired 434,000 shares of Aston Bay stock in a transaction on Thursday, June 27th. The shares were bought at an average cost of C$0.12 per share, with a total value of C$49,910.00. 6.33% of the stock is currently owned by insiders.

Aston Bay Company Profile

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.