Aurania Resources (CVE:ARU) Shares Down 13.5% – Time to Sell?

Aurania Resources Ltd. (CVE:ARUGet Free Report)’s share price fell 13.5% during mid-day trading on Friday . The stock traded as low as C$0.14 and last traded at C$0.16. 234,800 shares were traded during trading, an increase of 238% from the average session volume of 69,443 shares. The stock had previously closed at C$0.19.

Aurania Resources Stock 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 stock has a fifty day simple moving average of C$0.20 and a 200-day simple moving average of C$0.18. The company has a market capitalization of C$20.13 million, a P/E ratio of -1.23 and a beta of 1.89.

Aurania Resources Company Profile

(Get Free Report)

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. The company was formerly known as Urania Resources Ltd.

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