CVE:ARU FY2024 EPS Estimate Increased by Noble Financial

Aurania Resources Ltd. (CVE:ARU) – Equities researchers at Noble Financial raised their FY2024 earnings per share estimates for Aurania Resources in a note issued to investors on Monday, December 16th. Noble Financial analyst M. Reichman now anticipates that the company will earn ($0.11) per share for the year, up from their previous forecast 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 %

Aurania Resources stock opened at C$0.42 on Thursday. The stock has a 50-day moving average price of C$0.55 and a 200 day moving average price of C$0.52. Aurania Resources has a 52 week low of C$0.19 and a 52 week high of C$0.75. The stock has a market cap of C$40.55 million, a PE ratio of -3.23 and a beta of 1.59. The company has a current ratio of 0.90, a quick ratio of 2.14 and a debt-to-equity ratio of 120.92.

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.