Aurania Resources (CVE:ARU) Shares Down 7.5% – Time to Sell?

Aurania Resources Ltd. (CVE:ARUGet Free Report) dropped 7.5% on Thursday . The company traded as low as C$0.37 and last traded at C$0.37. Approximately 26,300 shares were traded during trading, a decline of 27% from the average daily volume of 35,844 shares. The stock had previously closed at C$0.40.

Aurania Resources Stock Down 12.2 %

The firm has a fifty day simple moving average of C$0.47 and a 200-day simple moving average of C$0.53. The company has a market capitalization of C$31.38 million, a PE ratio of -2.50 and a beta of 1.59. The company has a debt-to-equity ratio of 120.92, a quick ratio of 2.14 and a current ratio of 0.90.

Aurania Resources Company Profile

(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.

See Also

Receive News & Ratings for Aurania Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aurania Resources and related companies with MarketBeat.com's FREE daily email newsletter.