Aurania Resources Ltd. (CVE:ARU – Get Free Report) shares were up 2.3% during trading on Friday . The stock traded as high as C$0.45 and last traded at C$0.45. Approximately 41,963 shares traded hands during trading, an increase of 19% from the average daily volume of 35,153 shares. The stock had previously closed at C$0.44.
Analyst Upgrades and Downgrades
Separately, Noble Financial upgraded Aurania Resources from a “hold” rating to a “strong-buy” rating in a report on Wednesday, May 29th.
Check Out Our Latest Report on ARU
Aurania Resources Trading Up 2.3 %
Aurania Resources (CVE:ARU – Get Free Report) last posted its earnings results on Monday, May 27th. The company reported C($0.07) earnings per share for the quarter, missing the consensus estimate of C($0.01) by C($0.06). As a group, equities analysts expect that Aurania Resources Ltd. will post -0.18 earnings per share for the current fiscal year.
About Aurania Resources
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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