Shares of Aurania Resources Ltd. (CVE:ARU – Get Free Report) rose 18.5% during trading on Tuesday . The company traded as high as C$0.40 and last traded at C$0.39. Approximately 210,667 shares were traded during trading, an increase of 217% from the average daily volume of 66,561 shares. The stock had previously closed at C$0.33.
Aurania Resources Trading Down 2.6 %
The business’s 50 day moving average price is C$0.44 and its two-hundred day moving average price is C$0.52. 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 company has a market capitalization of C$35.72 million, a price-to-earnings ratio of -2.85 and a beta of 1.59.
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.
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