Aurania Resources Ltd. (CVE:ARU – Get Free Report)’s stock price hit a new 52-week high during mid-day trading on Thursday. The company traded as high as C$0.32 and last traded at C$0.32, with a volume of 155,543 shares trading hands. The stock had previously closed at C$0.27.
Aurania Resources Trading Up 16.7%
The company has a market capitalization of C$44.17 million, a price-to-earnings ratio of -1.05 and a beta of -0.45. The company has a current ratio of 0.90, a quick ratio of 2.13 and a debt-to-equity ratio of 120.92. The business’s 50 day moving average price is C$0.21 and its two-hundred day moving average price is C$0.20.
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. and changed its name to Aurania Resources Ltd. in March 2012.
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