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

Shares of Aurania Resources Ltd. (CVE:ARUGet Free Report) were up 18.5% on Tuesday . The stock traded as high as C$0.40 and last traded at C$0.39. Approximately 210,667 shares traded hands during trading, an increase of 217% from the average daily volume of 66,561 shares. The stock had previously closed at C$0.33.

Aurania Resources Trading Down 2.6 %

The company has a debt-to-equity ratio of 120.92, a current ratio of 0.90 and a quick ratio of 2.14. The business has a fifty day moving average of C$0.44 and a 200-day moving average of C$0.52. The stock has a market capitalization of C$35.72 million, a price-to-earnings ratio of -2.85 and a beta of 1.59.

About Aurania Resources

(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.

Further Reading

Receive News & Ratings for Aurania Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aurania Resources and related companies with MarketBeat.com's FREE daily email newsletter.