Aurania Resources Ltd. (CVE:ARU – Get Free Report) dropped 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 debt-to-equity ratio of 120.92, a current ratio of 0.90 and a quick ratio of 2.14. The stock has a market capitalization of C$12.64 million, a PE ratio of -1.05 and a beta of 2.38. The business has a 50 day moving average price of C$0.17 and a 200 day moving average price of 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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