Aurania Resources (CVE:ARU) Stock Price Down 2.4% – Here’s Why

Aurania Resources Ltd. (CVE:ARUGet Free Report) shares dropped 2.4% during mid-day trading on Tuesday . The stock traded as low as C$0.20 and last traded at C$0.21. Approximately 11,000 shares changed hands during mid-day trading, a decline of 79% from the average daily volume of 53,039 shares. The stock had previously closed at C$0.21.

Aurania Resources Stock Performance

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$27.11 million, a P/E ratio of -0.79 and a beta of 0.04. The business has a 50 day moving average of C$0.20 and a 200-day moving average of C$0.19.

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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