Aurania Resources Ltd. (CVE:ARU) Expected to Earn Q2 2024 Earnings of ($0.03) Per Share

Aurania Resources Ltd. (CVE:ARU) – Investment analysts at Noble Financial dropped their Q2 2024 earnings estimates for Aurania Resources in a research note issued to investors on Monday, April 15th. Noble Financial analyst M. Reichman now expects that the company will post earnings of ($0.03) per share for the quarter, down from their prior forecast of ($0.02). The consensus estimate for Aurania Resources’ current full-year earnings is ($0.18) per share. Noble Financial also issued estimates for Aurania Resources’ Q4 2024 earnings at ($0.02) EPS and FY2024 earnings at ($0.08) EPS.

Aurania Resources Stock Performance

CVE ARU opened at C$0.21 on Wednesday. The stock has a market cap of C$14.17 million, a PE ratio of -1.24 and a beta of 1.61. The company has a debt-to-equity ratio of 120.92, a quick ratio of 2.14 and a current ratio of 0.40. The firm has a 50-day moving average of C$0.23 and a 200-day moving average of C$0.27. Aurania Resources has a 52-week low of C$0.20 and a 52-week high of 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.