Aurania Resources (CVE:ARU) Shares Down 4.7% – Here’s What Happened

Aurania Resources Ltd. (CVE:ARU) shares dropped 4.7% during trading on Monday . The company traded as low as C$0.21 and last traded at C$0.21. Approximately 260,908 shares were traded during mid-day trading, an increase of 356% from the average daily volume of 57,268 shares. The stock had previously closed at C$0.22.

Aurania Resources Stock Down 4.7%

The stock has a market capitalization of C$25.79 million, a price-to-earnings ratio of -1.58 and a beta of 0.00. The business has a fifty day moving average of C$0.19 and a 200 day moving average of C$0.19. The company has a debt-to-equity ratio of 120.92, a current ratio of 0.90 and a quick ratio of 2.14.

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.