Avrupa Minerals (AVU) has received a rating update from a Wall Street analyst today. The company received a Buy rating from Fundamental Research’s analyst Siddharth Rajeev, with a C$0.20 price target.
According to TipRanks.com, Rajeev has 0 stars on 0-5 star ranking scale with an average return of -10.1% and a 26.4% success rate. Rajeev covers the Basic Materials sector, focusing on stocks such as Golden Arrow Resources Corporation, NexGen Energy Ltd, and Vista Gold Corp.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Avrupa Minerals with a C$0.20 average price target.
Avrupa Minerals’ market cap is currently C$3.75M and has a P/E ratio of 0. The company has a Price to Book ratio of 2.67.
Avrupa Minerals Ltd. engages in the acquisition, exploration, and development of mineral properties. It explores mineral deposits such as copper, zinc, tungsten, iron oxide copper-gold, silver, and tungsten. Its exploration projects include Marateca, Mertola, Alvalade, Covas JV, Alvito Option, Metovit, Slivovo JV, and Oelsnitz.
The company’s shares closed on Tuesday at C$0.05, close to its 52-week low of C$0.04.
