Shares of Aben Resources Ltd (CVE:ABN) rose 15.4% during mid-day trading on Friday . The stock traded as high as C$0.08 and last traded at C$0.08, approximately 289,000 shares changed hands during trading. An increase of 7% from the average daily volume of 270,838 shares. The stock had previously closed at C$0.07.
The firm has a market capitalization of $9.34 million and a price-to-earnings ratio of -3.33. The company has a 50-day moving average of C$0.08 and a 200-day moving average of C$0.17.
About Aben Resources (CVE:ABN)
Aben Resources Ltd., a junior exploration company, acquires, explores, and evaluates mineral properties primarily in British Columbia, Saskatchewan, and Yukon, Canada. The company primarily explores for gold deposits. Its principal project is the Forrest Kerr Gold project that covers an area of 23,000 hectares located in northwestern British Columbia.
Further Reading: Neutral Rating
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