Aurania Resources (CVE:ARU) Shares Down 7.5% – Here’s What Happened

Aurania Resources Ltd. (CVE:ARU)’s stock price fell 7.5% during trading on Thursday . The stock traded as low as C$0.37 and last traded at C$0.37. 26,300 shares were traded during mid-day trading, a decline of 27% from the average session volume of 35,844 shares. The stock had previously closed at C$0.40.

Aurania Resources Stock Down 12.2 %

The company has a debt-to-equity ratio of 120.92, a quick ratio of 2.14 and a current ratio of 0.90. The stock has a market cap of C$31.38 million, a price-to-earnings ratio of -2.50 and a beta of 1.59. The business’s 50 day moving average is C$0.47 and its 200 day moving average is C$0.53.

Aurania Resources Company Profile

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.