Aurania Resources (CVE:ARU) Stock Price Down 13.2% – Here’s What Happened

Aurania Resources Ltd. (CVE:ARU) fell 13.2% during mid-day trading on Thursday . The stock traded as low as C$0.23 and last traded at C$0.23. 45,459 shares were traded during mid-day trading, a decline of 3% from the average session volume of 46,768 shares. The stock had previously closed at C$0.27.

Aurania Resources Trading Down 13.2 %

The stock has a market cap of C$22.21 million, a PE ratio of -1.77 and a beta of 1.59. The company has a quick ratio of 2.14, a current ratio of 0.90 and a debt-to-equity ratio of 120.92. The stock’s fifty day moving average price is C$0.39 and its 200 day moving average price is C$0.47.

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.