Aurania Resources (CVE:ARU) Stock Price Up 5.6% – Should You Buy?

Aurania Resources Ltd. (CVE:ARU)’s share price rose 5.6% during trading on Thursday . The company traded as high as C$0.38 and last traded at C$0.38. Approximately 16,253 shares traded hands during mid-day trading, a decline of 67% from the average daily volume of 48,606 shares. The stock had previously closed at C$0.36.

Aurania Resources Stock Up 5.6 %

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 stock has a market capitalization of C$36.69 million, a P/E ratio of -2.92 and a beta of 1.59. The stock has a fifty day moving average price of C$0.42 and a 200 day moving average price of C$0.50.

Aurania Resources Company Profile

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.