Aurania Resources Ltd. (CVE:ARU – Get Free Report) shares fell 13.5% during trading on Saturday . 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 69,450 shares. The stock had previously closed at C$0.19.
Aurania Resources Stock Down 13.5%
The business has a 50-day simple moving average of C$0.20 and a 200-day simple moving average of C$0.18. The company has a debt-to-equity ratio of 120.92, a quick ratio of 2.14 and a current ratio of 0.90. The company has a market cap of C$20.13 million, a price-to-earnings ratio of -1.23 and a beta of 1.89.
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. The company was formerly known as Urania Resources Ltd.
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