Aurania Resources (CVE:ARU) Sets New 12-Month High – Still a Buy?

Aurania Resources Ltd. (CVE:ARU)’s stock price reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as C$0.75 and last traded at C$0.71, with a volume of 74430 shares. The stock had previously closed at C$0.69.

Aurania Resources Stock Up 1.4 %

The company has a fifty day moving average price of C$0.62 and a 200-day moving average price of C$0.45. The firm has a market capitalization of C$67.59 million, a PE ratio of -5.31 and a beta of 1.59. The company has a debt-to-equity ratio of 120.92, a quick ratio of 2.14 and a current ratio of 0.90.

Aurania Resources (CVE:ARU) last issued its quarterly earnings data on Monday, August 26th. The company reported C($0.02) earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of C($0.02). As a group, analysts expect that Aurania Resources Ltd. will post -0.18 earnings per share for the current year.

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.