Aurania Resources Ltd. (CVE:ARU – Get Free Report) crossed above its 50 day moving average during trading on Friday. The stock has a 50 day moving average of C$0.20 and traded as high as C$0.22. Aurania Resources shares last traded at C$0.21, with a volume of 54,056 shares traded.
Aurania Resources Stock Up 10.5%
The company has a market cap of C$29.45 million, a price-to-earnings ratio of -0.70 and a beta of -1.39. 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 firm’s fifty day moving average price is C$0.20 and its 200-day moving average price is C$0.19.
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.
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