Q2 2024 EPS Estimates for Aurania Resources Ltd. (CVE:ARU) Reduced by Noble Financial

Aurania Resources Ltd. (CVE:ARU) – Analysts at Noble Financial lowered their Q2 2024 earnings per share estimates for shares of Aurania Resources in a note issued to investors on Monday, April 15th. Noble Financial analyst M. Reichman now forecasts that the company will post earnings of ($0.03) per share for the quarter, down from their prior forecast 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 Trading Up 5.0 %

Shares of Aurania Resources stock opened at C$0.21 on Wednesday. The company’s 50-day moving average price is C$0.23 and its 200-day moving average price 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 12-month low of C$0.20 and a 12-month high of C$0.52. The company has a market cap of C$14.17 million, a price-to-earnings ratio of -1.24 and a beta of 1.61.

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.