Noble Financial Keeps a Buy Rating on Aurania Resources (ARU)


Aurania Resources (ARU), the Materials sector company, was revisited by a Wall Street analyst today. Noble Financial’s analyst Mark Reichman reiterates their Buy rating on the shares, with a C$4 price target.

According to TipRanks.com, Reichman is ranked 0 out of 5 stars with an average return of -11.1% and a 23.2% success rate. Reichman covers the Basic Materials sector, focusing on stocks such as Endeavour Silver Corp, Great Panther Silver, and Avino Silver & Gold.

Currently, the analyst consensus on Aurania Resources is a Moderate Buy with an average price target of C$4.

The company has a one-year high of C$3.55 and a one-year low of C$1.93. Currently, Aurania Resources has an average volume of 12.86K.

Aurania Resources Ltd. engages in the identification, evaluation, acquisition, and exploration of mineral property interests, with a focus on precious metals and copper. Its projects include The Lost Cities-Cutucu, and Mt. Chemin, Siviez and Marecottes. The company was founded on June 26, 2007 and is headquartered in Toronto, Canada.

The company’s shares closed on Thursday at C$2.90.

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