Aurania Resources (CVE:ARU) Stock Price Down 13.2% – Here’s What Happened

Aurania Resources Ltd. (CVE:ARUGet Free Report)’s stock price traded down 13.2% on Thursday . The company traded as low as C$0.23 and last traded at C$0.23. 45,459 shares traded hands during mid-day trading, a decline of 3% from the average session volume of 46,768 shares. The stock had previously closed at C$0.27.

Aurania Resources Stock Performance

The company has a market capitalization of C$22.21 million, a P/E ratio of -1.77 and a beta of 1.59. The company’s 50 day moving average is C$0.39 and its 200-day moving average is C$0.47. The company has a current ratio of 0.90, a quick ratio of 2.14 and a debt-to-equity ratio of 120.92.

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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