Shares of Alto Ventures Ltd (CVE:ATV) shot up 25% on Tuesday . The stock traded as high as C$0.03 and last traded at C$0.03, 235,000 shares traded hands during mid-day trading. An increase of 192% from the average session volume of 80,519 shares. The stock had previously closed at C$0.02.
The firm’s 50 day moving average is C$0.02 and its two-hundred day moving average is C$0.03. The stock has a market cap of $1.13 million and a price-to-earnings ratio of -2.08.
Alto Ventures Company Profile (CVE:ATV)
Alto Ventures Ltd. engages in the acquisition, exploration, and evaluation of gold projects in Canada. The company holds interests in the Destiny project located in the Despinassy Township, Quebec; the Miner Lake project located to the northeast of the Town of Beardmore, Ontario; the Oxford Lake property located to the southeast of Thompson, central Manitoba; the Empress gold property located in Syine Township, Ontario; and the Windfall East property located in the Urban Township, Quebec.
Recommended Story: What are earnings reports?
Receive News & Ratings for Alto Ventures Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alto Ventures and related companies with MarketBeat.com's FREE daily email newsletter.