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

by · The Markets Daily

Aurania Resources Ltd. (CVE:ARU – Get Free Report) shares traded down 13.5% during mid-day trading on Friday . The stock traded as low as C$0.14 and last traded at C$0.16. 234,800 shares traded hands during 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 firm has a market capitalization of C$20.13 million, a price-to-earnings ratio of -1.23 and a beta of 1.89. The company has a debt-to-equity ratio of 120.92, a quick ratio of 2.14 and a current ratio of 0.90. The business’s 50 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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