Aurania Resources (CVE:ARU) Shares Up 18.5% – Should You Buy?

Aurania Resources Ltd. (CVE:ARUGet Free Report)’s share price rose 18.5% during mid-day trading on Tuesday . The stock traded as high as C$0.40 and last traded at C$0.39. Approximately 210,667 shares were traded during mid-day 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 Stock Performance

The company has a market capitalization of C$35.72 million, a PE ratio of -2.85 and a beta of 1.59. The firm’s 50-day simple moving average is C$0.44 and its 200-day simple moving average is C$0.52. The company has a current ratio of 0.90, a quick ratio of 2.14 and a debt-to-equity ratio of 120.92.

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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