Aurania Resources (CVE:ARU) Shares Up 13.5% – What’s Next?

Aurania Resources Ltd. (CVE:ARU) rose 13.5% during trading on Thursday . The company traded as high as C$0.22 and last traded at C$0.21. Approximately 55,914 shares traded hands during trading, an increase of 2% from the average daily volume of 54,917 shares. The stock had previously closed at C$0.19.

Aurania Resources Trading Up 13.5%

The company has a fifty day moving average of C$0.17 and a two-hundred day moving average of C$0.17. 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 stock has a market capitalization of C$26.42 million, a price-to-earnings ratio of -1.62 and a beta of 1.53.

Aurania Resources Company Profile

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. The company was formerly known as Urania Resources Ltd.