Aurania Resources (CVE:ARU) Stock Price Up 18.5% – What’s Next?

Aurania Resources Ltd. (CVE:ARUGet Free Report) traded 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 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 Up 18.5 %

The firm has a market cap of C$37.17 million, a P/E ratio of -2.96 and a beta of 1.59. The firm’s fifty day moving average is C$0.46 and its 200 day moving average is C$0.53. The company has a debt-to-equity ratio of 120.92, a quick ratio of 2.14 and a current ratio of 0.90.

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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