Aurania Resources (CVE:ARU) Trading 13.9% Higher

Shares of Aurania Resources Ltd. (CVE:ARUGet Free Report) traded up 13.9% on Wednesday . The company traded as high as C$0.50 and last traded at C$0.45. 110,587 shares changed hands during mid-day trading, an increase of 214% from the average session volume of 35,196 shares. The stock had previously closed at C$0.40.

Analyst Ratings Changes

Separately, Noble Financial raised Aurania Resources from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, May 29th.

Read Our Latest Stock Report on ARU

Aurania Resources Price Performance

The company has a debt-to-equity ratio of 120.92, a current ratio of 0.57 and a quick ratio of 2.14. The firm has a 50-day moving average of C$0.25 and a 200-day moving average of C$0.25. The stock has a market cap of C$44.02 million, a PE ratio of -2.63 and a beta of 1.64.

Aurania Resources (CVE:ARUGet Free Report) last released its quarterly earnings results on Friday, April 26th. The company reported C($0.01) earnings per share for the quarter. Research analysts predict that Aurania Resources Ltd. will post -0.18 EPS for the current year.

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.

Further Reading

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