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

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

Aurania Resources Trading Up 13.5%

The firm has a market capitalization of C$26.42 million, a price-to-earnings ratio of -1.62 and a beta of 1.53. The company has a fifty day moving average price of C$0.17 and a 200-day moving average price 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.

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.