Aurania Resources (CVE:ARU) Shares Up 5.6% – Still a Buy?

Aurania Resources Ltd. (CVE:ARUGet Free Report) shot up 5.6% during mid-day trading on Thursday . The company traded as high as C$0.38 and last traded at C$0.38. 16,253 shares were traded during mid-day trading, a decline of 67% from the average session volume of 48,606 shares. The stock had previously closed at C$0.36.

Aurania Resources Trading Down 5.3 %

The business has a 50-day moving average of C$0.42 and a 200-day moving average of C$0.49. 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 stock has a market capitalization of C$34.76 million, a price-to-earnings ratio of -2.77 and a beta of 1.59.

Aurania Resources Company Profile

(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.

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