Arena Minerals (CVE:AN) Trading Down 10%

Arena Minerals (CVE:AN)’s share price dropped 10% during trading on Thursday . The company traded as low as C$0.05 and last traded at C$0.05, approximately 3,000 shares were traded during trading. A decline of 97% from the average daily volume of 116,984 shares. The stock had previously closed at C$0.05.

The stock has a fifty day moving average of C$0.05 and a 200 day moving average of C$0.06. The firm has a market capitalization of $7.13 million and a P/E ratio of -11.25.

About Arena Minerals (CVE:AN)

Arena Minerals Inc, a copper exploration company, engages in the acquisition, exploration, and development of mineral properties in South America. It flagship asset is the Atacama copper property covering an area of approximately 7,100 hectares located within the Antofagasta region of Chile. The company was formerly known as Antofagasta Gold Inc and changed its name to Arena Minerals Inc in December 2013.

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