Aurania Resources Ltd. (CVE:ARU – Get Free Report)’s stock price dropped 14.8% during trading on Saturday . The stock traded as low as C$0.11 and last traded at C$0.12. Approximately 447,140 shares changed 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 Price Performance
The company has a quick ratio of 2.14, a current ratio of 0.90 and a debt-to-equity ratio of 120.92. The company’s 50 day moving average is C$0.17 and its 200 day moving average is C$0.26. The firm has a market capitalization of C$12.64 million, a price-to-earnings ratio of -1.05 and a beta of 2.38.
Aurania Resources Company Profile
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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