Aurania Resources (CVE:ARU) Shares Up 18.5% – Still a Buy?

Shares of Aurania Resources Ltd. (CVE:ARUGet Free Report) traded up 18.5% during trading on Tuesday . The stock traded as high as C$0.40 and last traded at C$0.39. 210,667 shares were traded during mid-day 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 company has a market capitalization of C$37.17 million, a price-to-earnings ratio of -2.96 and a beta of 1.59. The company has a fifty day simple moving average of C$0.46 and a two-hundred day simple moving average of C$0.53. The company has a debt-to-equity ratio of 120.92, a quick ratio of 2.14 and a current ratio of 0.90.

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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