Aurania Resources (CVE:ARU) Trading 18.5% Higher – Time to Buy?

Aurania Resources Ltd. (CVE:ARUGet Free Report)’s share price traded up 18.5% during mid-day trading on Tuesday . The company traded as high as C$0.40 and last traded at C$0.39. 210,667 shares changed hands during 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 Stock Down 2.6 %

The firm’s 50 day moving average price is C$0.44 and its 200-day moving average price is C$0.52. 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$35.72 million, a P/E ratio of -2.85 and a beta of 1.59.

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.

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