Aurania Resources (CVE:ARU) Trading Down 13.5% – Here’s What Happened

by · The Cerbat Gem

Shares of Aurania Resources Ltd. (CVE:ARU – Get Free Report) traded down 13.5% during trading on Saturday . The company traded as low as C$0.14 and last traded at C$0.16. 234,800 shares changed hands during mid-day trading, an increase of 238% from the average session volume of 69,450 shares. The stock had previously closed at C$0.19.

Aurania Resources Stock Down 13.5%

The stock’s fifty day moving average is C$0.20 and its two-hundred day moving average is C$0.18. The company has a current ratio of 0.90, a quick ratio of 2.14 and a debt-to-equity ratio of 120.92. The firm has a market cap of C$20.13 million, a P/E ratio of -1.23 and a beta of 1.89.

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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