Aurania Resources (CVE:ARU) Trading 41.2% Higher – Still a Buy?

Aurania Resources Ltd. (CVE:ARUGet Free Report) shares rose 41.2% on Thursday . The company traded as high as C$0.24 and last traded at C$0.24. Approximately 139,593 shares were traded during trading, an increase of 168% from the average daily volume of 52,087 shares. The stock had previously closed at C$0.17.

Aurania Resources Trading Up 26.5%

The company has a market cap of C$27.05 million, a price-to-earnings ratio of -1.65 and a beta of 0.15. The business’s fifty day moving average price is C$0.18 and its 200 day moving average price is C$0.17. The company has a debt-to-equity ratio of 120.92, a current ratio of 0.90 and a quick ratio of 2.14.

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. The company was formerly known as Urania Resources Ltd.

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