Shares of Aurania Resources Ltd. (CVE:ARU – Get Free Report) shot up 18.5% on Tuesday . The company traded as high as C$0.40 and last traded at C$0.39. 210,667 shares were traded during trading, an increase of 217% from the average session volume of 66,561 shares. The stock had previously closed at C$0.33.
Aurania Resources Price Performance
The stock has a market cap of C$35.72 million, a PE ratio of -2.85 and a beta of 1.59. The company has a current ratio of 0.90, a quick ratio of 2.14 and a debt-to-equity ratio of 120.92. The business has a fifty day simple moving average of C$0.44 and a two-hundred day simple moving average 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.
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