Avz Minerals (ASX:AVZ) Trading Up 20.9%

Avz Minerals Ltd (ASX:AVZ) was up 20.9% during mid-day trading on Monday . The company traded as high as A$0.05 ($0.04) and last traded at A$0.05 ($0.04), approximately 28,055,648 shares were traded during mid-day trading. An increase of 131% from the average daily volume of 12,140,000 shares. The stock had previously closed at A$0.04 ($0.03).

The firm has a market capitalization of $126.73 million and a PE ratio of -18.33. The business’s 50-day moving average price is A$0.04 and its 200-day moving average price is A$0.05.

Avz Minerals Company Profile (ASX:AVZ)

AVZ Minerals Limited explores for mineral properties in central Africa. The company holds a 100% interest in the Manono Extension lithium, tin, and tantalum project that comprises two exploration permits covering an area of 242.25 square kilometers; and a 60% interest in the Tanganyika regional project, a lithium, rare earth, and base metal project that include seven exploration licenses covering an area of approximately 1,172 square kilometers in the south of the Democratic Republic of the Congo (DRC).

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