Aurania Resources (CVE:ARU) Trading 20.7% Higher – Time to Buy?

Aurania Resources Ltd. (CVE:ARUGet Free Report) shares traded up 20.7% during mid-day trading on Thursday . The stock traded as high as C$0.20 and last traded at C$0.18. 213,811 shares were traded during 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 firm has a 50 day moving average of C$0.17 and a 200-day moving average of C$0.26. The company has a market cap of C$12.64 million, a P/E ratio of -1.05 and a beta of 2.38. The company has a current ratio of 0.90, a quick ratio of 2.14 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.

Further Reading

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