Aurania Resources (CVE:ARU) Trading Up 18.5% – Here’s What Happened

Aurania Resources Ltd. (CVE:ARUGet Free Report) shares shot up 18.5% during mid-day trading on Monday . The company traded as high as C$0.40 and last traded at C$0.39. 210,667 shares traded hands during mid-day trading, an increase of 217% from the average session volume of 66,561 shares. The stock had previously closed at C$0.33.

Aurania Resources Stock Performance

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 cap of C$35.72 million, a P/E ratio of -2.85 and a beta of 1.59. The business has a fifty day simple moving average of C$0.45 and a 200-day simple moving average of C$0.53.

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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