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

Aurania Resources Ltd. (CVE:ARUGet Free Report) shot up 20% on Monday . The company traded as high as C$0.40 and last traded at C$0.39. 208,667 shares changed hands during mid-day 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 Up 18.5 %

The company has a 50 day moving average price of C$0.46 and a two-hundred day moving average price of 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 stock has a market cap of C$37.17 million, a PE 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.

Read More

Receive News & Ratings for Aurania Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aurania Resources and related companies with MarketBeat.com's FREE daily email newsletter.