Shares of Aurania Resources Ltd. (CVE:ARU – Get Free Report) fell 13.5% during mid-day trading on Friday . The company traded as low as C$0.14 and last traded at C$0.16. 234,800 shares traded hands during trading, an increase of 238% from the average session volume of 69,450 shares. The stock had previously closed at C$0.19.
Aurania Resources Price Performance
The stock has a 50-day moving average price of C$0.20 and a two-hundred day moving average price of C$0.18. 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 cap of C$20.13 million, a price-to-earnings ratio of -1.23 and a beta of 1.89.
About Aurania Resources
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.
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