Aurania Resources (CVE:ARU) Stock Price Down 1.1% – Time to Sell?

Aurania Resources Ltd. (CVE:ARUGet Free Report)’s share price fell 1.1% during mid-day trading on Wednesday . The company traded as low as C$0.44 and last traded at C$0.44. 5,500 shares traded hands during trading, a decline of 86% from the average session volume of 38,777 shares. The stock had previously closed at C$0.44.

Aurania Resources Stock Performance

The company has a market cap of C$41.52 million, a price-to-earnings ratio of -3.23 and a beta of 1.59. 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 firm has a fifty day simple moving average of C$0.57 and a 200 day simple moving average of C$0.51.

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.

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