FY2024 EPS Estimates for CVE:ARU Raised by Noble Financial

Aurania Resources Ltd. (CVE:ARU) – Equities research analysts at Noble Financial upped their FY2024 earnings per share estimates for Aurania Resources in a report issued on Monday, December 16th. Noble Financial analyst M. Reichman now anticipates that the company will post earnings of ($0.11) per share for the year, up from their prior estimate of ($0.13). The consensus estimate for Aurania Resources’ current full-year earnings is ($0.18) per share. Noble Financial also issued estimates for Aurania Resources’ FY2025 earnings at ($0.08) EPS.

Aurania Resources Trading Down 2.3 %

Shares of Aurania Resources stock opened at C$0.42 on Thursday. 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 firm has a market cap of C$40.55 million, a price-to-earnings ratio of -3.23 and a beta of 1.59. Aurania Resources has a 52-week low of C$0.19 and a 52-week high of C$0.75. The company’s 50-day simple moving average is C$0.55 and its 200-day simple moving average is C$0.52.

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.