Aurania Resources (CVE:ARU) Stock Price Down 13.5% – Here’s What Happened

Aurania Resources Ltd. (CVE:ARU) shares traded down 13.5% during trading on Friday . The stock traded as low as C$0.14 and last traded at C$0.16. 131,300 shares were traded during trading, an increase of 90% from the average session volume of 68,983 shares. The stock had previously closed at C$0.19.

Aurania Resources Stock Down 16.2%

The business has a fifty day simple moving average of C$0.20 and a two-hundred day simple moving average of C$0.18. 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 cap of C$19.50 million, a PE ratio of -1.19 and a beta of 1.89.

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. The company was formerly known as Urania Resources Ltd.