Shares of Aurania Resources Ltd. (CVE:ARU – Get Free Report) were down 14.8% during trading on Saturday . The company traded as low as C$0.11 and last traded at C$0.12. Approximately 447,140 shares traded hands during mid-day trading, an increase of 571% from the average daily volume of 66,624 shares. The stock had previously closed at C$0.14.
Aurania Resources Stock Performance
The company has a market cap of C$12.64 million, a price-to-earnings 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. The stock’s fifty day simple moving average is C$0.17 and its 200 day simple moving average is C$0.26.
About Aurania Resources
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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