Aurania Resources (CVE:ARU) Trading 40.9% Higher – What’s Next?

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

Aurania Resources Price Performance

The stock has a market capitalization of C$29.93 million, a price-to-earnings ratio of -2.38 and a beta of 1.59. 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 business’s 50 day simple moving average is C$0.29 and its 200-day simple moving average is C$0.39.

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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