Aurania Resources (CVE:ARU) Shares Climb 27.9% – Still a Buy?

Aurania Resources Ltd. (CVE:ARU – Get Free Report)’s share price rose 27.9% during trading on Thursday. The stock traded as high as C$0.29 and last traded at C$0.28. Approximately 151,500 shares traded hands during trading, an increase of 238% from the average daily volume of 44,840 shares. The stock had previously closed at C$0.21.

Aurania Resources Trading Up 23.3%

The stock has a fifty day moving average of C$0.20 and a two-hundred day moving average of C$0.19. The company has a market capitalization of C$37.16 million, a PE ratio of -0.88 and a beta of -0.45. The company has a current ratio of 0.90, a quick ratio of 2.13 and a debt-to-equity ratio of 120.92.

About Aurania Resources

(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. The company was formerly known as Urania Resources Ltd.

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