Aurania Resources (CVE:ARU) Stock Price Down 10.8% – What’s Next?

by · The Markets Daily

Aurania Resources Ltd. (CVE:ARU – Get Free Report) shares fell 10.8% during mid-day trading on Friday . The company traded as low as C$0.14 and last traded at C$0.17. 155,300 shares were traded during trading, an increase of 125% from the average session volume of 69,091 shares. The stock had previously closed at C$0.19.

Aurania Resources Price Performance

The stock has a market cap of C$19.50 million, a PE ratio of -1.19 and a beta of 1.89. 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 company’s fifty day moving average is C$0.20 and its 200 day moving average is C$0.18.

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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