Shares of Aguia Resources Limited (CVE:AGRL) shot up 6.7% on Wednesday . The company traded as high as C$0.08 and last traded at C$0.08. 165,000 shares changed hands during mid-day trading, a decline of 51% from the average session volume of 337,424 shares. The stock had previously closed at C$0.08.

The stock has a market cap of $11.18 million and a price-to-earnings ratio of -6.15.

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Aguia Resources Company Profile (CVE:AGRL)

Aguia Resources Limited engages in the exploration and development of mineral resource projects in Brazil. Its flagship Rio Grande phosphate assets include the TrĂªs Estradas, Joca Tavares, Porteira carbonatite, and Cerro Preto deposits located in the state of Rio Grande do Sul in southern Brazil. Aguia Resources Limited was incorporated in 2007 and is based in Belo Horizonte, Brazil.

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