CVE:ARU FY2024 EPS Estimate Increased by Noble Financial

Aurania Resources Ltd. (CVE:ARU) – Equities researchers at Noble Financial boosted their FY2024 earnings per share (EPS) estimates for Aurania Resources in a report issued on Monday, December 16th. Noble Financial analyst M. Reichman now forecasts that the company will post earnings per share of ($0.11) 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 Stock Performance

Shares of CVE ARU 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’s 50-day moving average price is C$0.55 and its 200-day moving average price is C$0.52. Aurania Resources has a 52-week low of C$0.19 and a 52-week high of C$0.75. The company has a market cap of C$40.55 million, a PE ratio of -3.23 and a beta of 1.59.

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.