Aurania Resources (CVE:ARU) Stock Price Down 6.2% – Time to Sell?

Aurania Resources Ltd. (CVE:ARU)’s stock price was down 6.2% on Wednesday . The stock traded as low as C$0.45 and last traded at C$0.45. Approximately 119,790 shares changed hands during mid-day trading, an increase of 215% from the average daily volume of 38,006 shares. The stock had previously closed at C$0.48.

Aurania Resources Trading Down 6.2 %

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$43.45 million, a P/E ratio of -3.46 and a beta of 1.59. The stock has a 50-day moving average price of C$0.60 and a 200-day moving average price of C$0.49.

Aurania Resources (CVE:ARU) last released its quarterly earnings results on Monday, August 26th. The company reported C($0.02) EPS for the quarter, hitting analysts’ consensus estimates of C($0.02). On average, equities research analysts expect that Aurania Resources Ltd. will post -0.18 EPS for the current year.

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.