Shares of Aurania Resources Ltd. (CVE:ARU – Get Free Report) were down 16.2% during trading on Friday . The company traded as low as C$0.14 and last traded at C$0.16. Approximately 232,300 shares changed hands during mid-day trading, an increase of 235% from the average daily volume of 69,439 shares. The stock had previously closed at C$0.19.
Aurania Resources Stock Down 13.5%
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 stock has a market cap of C$20.13 million, a P/E ratio of -1.23 and a beta of 1.89. The company’s 50 day moving average price is C$0.20 and its two-hundred day moving average price is C$0.18.
Aurania Resources Company Profile
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. The company was formerly known as Urania Resources Ltd.
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