CVE:ARU FY2024 EPS Estimate Raised by Noble Financial

Aurania Resources Ltd. (CVE:ARU) – Equities research analysts at Noble Financial boosted their FY2024 earnings per share (EPS) estimates for Aurania Resources in a report released on Monday, December 16th. Noble Financial analyst M. Reichman now expects that the company will post earnings per share of ($0.11) for the year, up from their previous forecast of ($0.13). The consensus estimate for Aurania Resources’ current full-year earnings is ($0.18) per share. Noble Financial also issued estimates for Aurania Resources’ FY2025 earnings at ($0.08) EPS.

Aurania Resources Trading Down 4.7 %

Shares of Aurania Resources stock traded down C$0.02 during trading on Thursday, reaching C$0.41. 5,000 shares of the company were exchanged, compared to its average volume of 40,113. Aurania Resources has a twelve month low of C$0.19 and a twelve month high of C$0.75. The business has a 50-day moving average price of C$0.56 and a 200-day moving average price of C$0.52. 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 firm has a market capitalization of C$39.59 million, a price-to-earnings ratio of -3.15 and a beta of 1.59.

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.