Aurania Resources (CVE:ARU) Stock Price Down 9.5% – Time to Sell?

Aurania Resources Ltd. (CVE:ARUGet Free Report)’s share price fell 9.5% during trading on Friday . The company traded as low as C$0.18 and last traded at C$0.19. 146,004 shares changed hands during mid-day trading, an increase of 141% from the average session volume of 60,547 shares. The stock had previously closed at C$0.21.

Aurania Resources Stock Down 9.5%

The firm has a market cap of C$23.90 million, a PE ratio of -1.46 and a beta of 1.53. The company has a debt-to-equity ratio of 120.92, a quick ratio of 2.14 and a current ratio of 0.90. The company’s 50-day simple moving average is C$0.17 and its two-hundred day simple moving average is C$0.17.

About Aurania Resources

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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. The company was formerly known as Urania Resources Ltd.

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