Aurora Energy Metals (ASX: 1AE) Stock Plummets Over 16%, Hits Day’s Low
Sydney: Shares of Aurora Energy Metals Ltd (ASX: 1AE) experienced a sharp downturn in trading on the Australian Securities Exchange (ASX) on Thursday, April 4th. The stock plunged significantly, registering a double-digit percentage loss.
As of 3:36 pm GMT+11, Aurora Energy Metals was trading at 0.047 AUD. This marks a substantial decrease of 0.0090 AUD, representing a 16.07% drop for the day compared to its previous closing price of 0.056 AUD.
The stock opened the trading session at 0.056 AUD, which also matched its day’s high. However, it faced consistent selling pressure throughout the day, steadily declining to hit its day’s low of 0.047 AUD, where it was trading at the time of reporting.
Aurora Energy Metals currently holds a market capitalization of 84.16 Lakh AUD. Data regarding the Price-to-Earnings (P/E) ratio and dividend yield were not available.
Looking at the past year’s performance, the current price places the stock well below its 52-week high of 0.12 AUD. It is now trading closer to its 52-week low of 0.033 AUD. Market participants are taking note of the significant downward pressure on the stock today.
