Shares of Aurania Resources Ltd. (CVE:ARU – Get Free Report) dropped 13.5% on Saturday . The company traded as low as C$0.14 and last traded at C$0.16. Approximately 234,800 shares were traded during mid-day trading, an increase of 238% from the average daily volume of 69,450 shares. The stock had previously closed at C$0.19.
Aurania Resources Price Performance
The stock’s 50 day moving average price is C$0.20 and its 200-day moving average price is C$0.18. The company has a quick ratio of 2.14, a current ratio of 0.90 and a debt-to-equity ratio of 120.92. The stock has a market capitalization of C$20.13 million, a PE ratio of -1.23 and a beta of 1.89.
Aurania Resources Company Profile
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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