Aurania Resources Ltd. (CVE:ARU – Get Free Report) was up 31.5% during trading on Friday . The stock traded as high as C$0.40 and last traded at C$0.36. Approximately 347,532 shares changed hands during mid-day trading, an increase of 384% from the average daily volume of 71,758 shares. The stock had previously closed at C$0.27.
Aurania Resources Price Performance
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 50 day moving average price of C$0.16 and a 200 day moving average price of C$0.21. The company has a market capitalization of C$44.03 million, a price-to-earnings ratio of -3.50 and a beta of 2.12.
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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