Aurania Resources (CVE:ARU) Stock Price Up 20% – Should You Buy?

Aurania Resources Ltd. (CVE:ARUGet Free Report)’s share price shot up 20% on Monday . The stock traded as high as C$0.40 and last traded at C$0.39. 208,667 shares traded hands during trading, an increase of 220% from the average session volume of 65,145 shares. The stock had previously closed at C$0.33.

Aurania Resources Stock Performance

The company has a debt-to-equity ratio of 120.92, a quick ratio of 2.14 and a current ratio of 0.90. The business’s 50-day moving average price is C$0.46 and its 200-day moving average price is C$0.53. The stock has a market cap of C$37.17 million, a P/E ratio of -2.96 and a beta of 1.59.

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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