Aurania Resources (CVE:ARU) Trading 41.2% Higher – Should You Buy?

Aurania Resources Ltd. (CVE:ARU) shares traded up 41.2% during trading on Thursday . The company traded as high as C$0.24 and last traded at C$0.24. 139,593 shares were traded during trading, an increase of 168% from the average session volume of 52,087 shares. The stock had previously closed at C$0.17.

Aurania Resources Trading Up 2.5%

The company has a quick ratio of 2.14, a current ratio of 0.90 and a debt-to-equity ratio of 120.92. The firm has a market capitalization of C$25.79 million, a price-to-earnings ratio of -1.58 and a beta of 0.15. The business has a 50-day moving average of C$0.18 and a two-hundred day moving average of C$0.17.

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.