Aurania Resources (CVE:ARU) Trading 40.9% Higher – Still a Buy?

Aurania Resources Ltd. (CVE:ARUGet Free Report)’s share price was up 40.9% on Tuesday . The stock traded as high as C$0.31 and last traded at C$0.31. Approximately 302,242 shares were traded during trading, an increase of 483% from the average daily volume of 51,851 shares. The stock had previously closed at C$0.22.

Aurania Resources Stock Up 40.9%

The company’s 50 day moving average price is C$0.29 and its two-hundred day moving average price is C$0.39. 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 firm has a market cap of C$29.93 million, a PE ratio of -2.38 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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