Aurania Resources Ltd. (CVE:ARU – Get Free Report)’s share price shot up 31.5% during mid-day trading on Friday . The stock traded as high as C$0.40 and last traded at C$0.36. 347,532 shares were traded during mid-day trading, an increase of 384% from the average session volume of 71,758 shares. The stock had previously closed at C$0.27.
Aurania Resources Stock Performance
The firm’s 50 day moving average price is C$0.16 and its 200-day moving average price is C$0.21. The firm has a market cap of C$44.03 million, a price-to-earnings ratio of -3.50 and a beta of 2.12. The company has a debt-to-equity ratio of 120.92, a current ratio of 0.90 and a quick ratio of 2.14.
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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