Aurania Resources (CVE:ARU) Shares Up 36.4% – Here’s Why

Shares of Aurania Resources Ltd. (CVE:ARUGet Free Report) traded up 36.4% on Tuesday . The stock traded as high as C$0.30 and last traded at C$0.30. 174,675 shares changed hands during trading, an increase of 246% from the average session volume of 50,508 shares. The stock had previously closed at C$0.22.

Aurania Resources Stock Performance

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 has a market capitalization of C$28.00 million, a PE ratio of -2.23 and a beta of 1.59. The business has a 50 day simple moving average of C$0.29 and a 200 day simple moving average of C$0.39.

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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