Aurania Resources (CVE:ARU) Stock Price Up 18.5% – What’s Next?

Aurania Resources Ltd. (CVE:ARUGet Free Report) rose 18.5% during trading on Tuesday . The stock traded as high as C$0.40 and last traded at C$0.39. Approximately 210,667 shares traded hands during 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 Price Performance

The stock’s 50-day moving average is C$0.46 and its 200 day moving average is C$0.53. 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 company has a market cap of C$37.17 million, a PE ratio of -2.96 and a beta of 1.59.

About Aurania Resources

(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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