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

Aurania Resources Ltd. (CVE:ARUGet Free Report) shares were down 14.8% on Saturday . The company 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 Trading Down 14.8%

The business’s 50 day moving average price is C$0.17 and its two-hundred day moving average price is C$0.26. 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 company 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

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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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