Aurania Resources (CVE:ARU) Trading Down 4.3% – Time to Sell?

Aurania Resources Ltd. (CVE:ARUGet Free Report) fell 4.3% during trading on Tuesday . The stock traded as low as C$0.11 and last traded at C$0.11. 40,700 shares changed hands during trading, a decline of 34% from the average session volume of 61,563 shares. The stock had previously closed at C$0.12.

Aurania Resources Stock Down 4.3%

The firm has a 50-day moving average of C$0.19 and a 200 day moving average of C$0.28. 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 capitalization of C$10.62 million, a price-to-earnings ratio of -0.85 and a beta of 1.59.

About Aurania Resources

(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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