Aurania Resources Ltd. (CVE:ARU – Get Free Report)’s share price shot up 18.5% during mid-day trading on Monday . The company traded as high as C$0.40 and last traded at C$0.39. 210,667 shares traded hands during mid-day trading, an increase of 217% from the average session volume of 66,561 shares. The stock had previously closed at C$0.33.
Aurania Resources Price Performance
The business’s 50-day moving average price is C$0.46 and its 200 day moving average price is C$0.53. 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 company has a market capitalization of C$37.17 million, a P/E ratio of -2.96 and a beta of 1.59.
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.
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