Aurania Resources (CVE:ARU) Shares Up 41.2% – Here’s Why

Aurania Resources Ltd. (CVE:ARUGet Free Report)’s share price traded up 41.2% during mid-day trading on Thursday . The stock traded as high as C$0.24 and last traded at C$0.24. 139,593 shares were traded during trading, an increase of 168% from the average session volume of 52,087 shares. The stock had previously closed at C$0.17.

Aurania Resources Stock Performance

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 stock’s 50 day moving average price is C$0.18 and its 200 day moving average price is C$0.17. The company has a market capitalization of C$27.05 million, a P/E ratio of -1.65 and a beta of 0.15.

About Aurania Resources

(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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