Aurania Resources (CVE:ARU) Shares Down 14.8% – Should You Sell?

Aurania Resources Ltd. (CVE:ARUGet Free Report)’s stock price traded down 14.8% during mid-day trading on Saturday . The company traded as low as C$0.11 and last traded at C$0.12. 447,140 shares were traded during mid-day trading, an increase of 571% from the average session volume of 66,624 shares. The stock had previously closed at C$0.14.

Aurania Resources Trading Down 14.8%

The firm has a 50-day moving average price of C$0.17 and a 200-day moving average price of C$0.26. The stock has a market capitalization of C$12.64 million, a PE ratio of -1.05 and a beta of 2.38. The company has a current ratio of 0.90, a quick ratio of 2.14 and a debt-to-equity ratio of 120.92.

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.

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