Research Analysts Offer Predictions for Aurania Resources Ltd.’s Q2 2024 Earnings (CVE:ARU)

Aurania Resources Ltd. (CVE:ARU) – Stock analysts at Noble Financial dropped their Q2 2024 EPS estimates for shares of Aurania Resources in a note issued to investors on Monday, April 15th. Noble Financial analyst M. Reichman now anticipates that the company will post earnings per share of ($0.03) for the quarter, down from their prior estimate of ($0.02). The consensus estimate for Aurania Resources’ current full-year earnings is ($0.18) per share. Noble Financial also issued estimates for Aurania Resources’ Q4 2024 earnings at ($0.02) EPS and FY2024 earnings at ($0.08) EPS.

Aurania Resources Stock Down 4.8 %

Aurania Resources stock opened at C$0.20 on Wednesday. The company has a market capitalization of C$13.49 million, a P/E ratio of -1.18 and a beta of 1.61. The firm’s fifty day simple moving average is C$0.23 and its 200-day simple moving average is C$0.27. The company has a current ratio of 0.40, a quick ratio of 2.14 and a debt-to-equity ratio of 120.92. Aurania Resources has a 1-year low of C$0.20 and a 1-year high of C$0.52.

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.