Aurania Resources (CVE:ARU) Stock Price Up 20.7% – Still a Buy?

Aurania Resources Ltd. (CVE:ARUGet Free Report) shot up 20.7% on Thursday . The company traded as high as C$0.20 and last traded at C$0.18. 213,811 shares traded hands during mid-day trading, an increase of 240% from the average session volume of 62,796 shares. The stock had previously closed at C$0.15.

Aurania Resources Price Performance

The stock has a 50 day moving average price of C$0.18 and a two-hundred day moving average price of C$0.27. The company has a debt-to-equity ratio of 120.92, a current ratio of 0.90 and a quick ratio of 2.14. The firm has a market capitalization of C$16.90 million, a price-to-earnings ratio of -1.35 and a beta of 1.59.

Aurania Resources Company Profile

(Get Free Report)

Aurania Resources Ltd., a junior exploration mining company, engages in the identification, evaluation, acquisition, and exploration of mineral properties in Ecuador and Peru. The company explores for gold, silver, copper, and other precious metal deposits. Its flagship project is the 100% owned Lost Cities Cutucu project comprises 42 mineral exploration concessions covering an area of approximately 207,764 hectares located in southeastern Ecuador.

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