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Aurania Resources
(ARU)
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Rating:48Neutral
Price Target:
C$0.21
▲(15.56% Upside)
Action:Reiterated
Date:10/17/26
The score is held down primarily by weak financial performance (no revenue, widening recent losses, negative equity, and ongoing cash burn). Technical indicators provide a meaningful offset with bullish price trend versus key moving averages and positive MACD, but valuation remains unattractive due to continued losses and no dividend support.
Positive Factors
Improving Cash-Burn Run Rate
Operating cash burn has moderated materially from the 2021–2023 range to about -$4.9M in TTM 2026. Although cash flow remains negative, sustaining this lower spending rate could extend funding runway and reduce near-term financing pressure.
Negative Factors
Negative Equity and Rising Debt
Deeply negative equity and debt that has risen to about $12.0M create a weak financial foundation relative to the company’s roughly $1.5M asset base. This limited balance-sheet cushion can restrict flexibility and increase dependence on external financing.
Read all positive and negative factors
Positive Factors
Negative Factors
Improving Cash-Burn Run Rate
Operating cash burn has moderated materially from the 2021–2023 range to about -$4.9M in TTM 2026. Although cash flow remains negative, sustaining this lower spending rate could extend funding runway and reduce near-term financing pressure.
Read all positive factors
Aurania Resources (ARU) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$27.77M
Dividend YieldN/A
Average Volume (3M)41.47K
Price to Earnings (P/E)―
Beta (1Y)0.80
Revenue GrowthN/A
EPS Growth-80.76%
CountryCA
Employees12
SectorGeneral
Sector StrengthN/A
IndustryOther Precious Metals
Share Statistics
EPS (TTM)-0.27
Shares Outstanding132,255,310
10 Day Avg. Volume72,729
30 Day Avg. Volume41,467
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)-0.58
Price to Sales (P/S)0.00
P/FCF Ratio-2.27
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$0.42Price Target Upside132.92% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)-0.09
Revenue Forecast (FY)N/A
Aurania Resources Business Overview & Revenue Model
Company Description
Aurania Resources Ltd. is an emerging mining enterprise dedicated to discovering and developing mineral deposits, primarily operating in Ecuador and Peru. The company actively seeks out valuable metals such as gold, silver, and copper, among other...
How the Company Makes Money
Aurania Resources does not operate producing mines and, based on publicly available information, does not appear to generate recurring revenue from mineral sales; its business model is oriented toward value creation through exploration success rat...
Aurania Resources Financial Statement Overview
Summary
Income Statement
8
Very Negative
Balance Sheet
6
Very Negative
Cash Flow
12
Very Negative
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -47.29K | -64.99K | -82.98K | -97.90K | -79.34K | -58.02K |
| EBITDA | -26.56M | -28.71M | -8.87M | -7.63M | -11.23M | -22.76M |
| Net Income | -34.91M | -30.22M | -10.83M | -9.97M | -12.33M | -23.41M |
Balance Sheet | ||||||
| Total Assets | 1.48M | 803.71K | 2.04M | 710.01K | 2.35M | 4.95M |
| Cash, Cash Equivalents and Short-Term Investments | 918.15K | 442.07K | 1.59M | 325.26K | 1.47M | 4.52M |
| Total Debt | 11.99M | 10.58M | 8.27M | 10.11M | 7.77M | 4.04M |
| Total Liabilities | 44.03M | 33.56M | 11.87M | 10.88M | 9.39M | 5.26M |
| Stockholders Equity | -42.54M | -32.76M | -9.82M | -10.17M | -7.03M | -309.79K |
Cash Flow | ||||||
| Free Cash Flow | -4.88M | -8.29M | -5.00M | -8.26M | -9.76M | -20.10M |
| Operating Cash Flow | -4.88M | -8.29M | -4.98M | -8.26M | -9.76M | -20.02M |
| Investing Cash Flow | 0.00 | 0.00 | -19.66K | 0.00 | 0.00 | -78.33K |
| Financing Cash Flow | 5.05M | 7.14M | 6.27M | 7.11M | 6.71M | 16.44M |
Aurania Resources Technical Analysis
Positive
0.18
Price Trends
0.20
Positive
0.20
Positive
0.19
Positive
Market Momentum
<0.01
Positive
52.59
Neutral
19.44
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:ARU, the sentiment is Positive. The current price of 0.18 is below the 20-day moving average (MA) of 0.20, below the 50-day MA of 0.20, and below the 200-day MA of 0.19, indicating a bullish trend. The MACD of <0.01 indicates Positive momentum. The RSI at 52.59 is Neutral, neither overbought nor oversold. The STOCH value of 19.44 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:ARU.
Aurania Resources Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
49 Neutral | C$14.57M | 1.94 | 55.78% | ― | ― | ― | |
48 Neutral | C$27.77M | -0.79 | 113.17% | ― | ― | -80.76% | |
47 Neutral | C$92.95M | -395.00 | -2.72% | 27.50% | ― | 93.71% | |
47 Neutral | C$35.52M | -8.68 | -43.60% | ― | ― | -26.50% | |
43 Neutral | C$23.62M | -8.45 | 295.83% | ― | ― | -12.50% | |
43 Neutral | C$7.16M | -0.30 | -42.87% | ― | ― | -1169.72% |
* General Sector Average
TSE:ARU
Aurania Resources
0.21
0.02
10.53%
TSE:FTEL
First Tellurium Corp
0.18
>-0.01
-2.78%
TSE:NOB
Noble Mineral Exploration
0.06
<0.01
19.57%
TSE:SHL
Spruce Ridge Resources
0.40
0.31
375.90%
TSE:ATHA
Athena Gold
0.20
-0.44
-68.90%
TSE:CLCO
Culico Metals Inc.
0.44
0.20
83.33%
Aurania Resources Corporate Events
Business Operations and Strategy
Aurania Boosts Core Recovery as Iceland Gold-Silver Drilling Wraps Up
Positive
Oct 13, 2026
Aurania Resources has completed its 2026 diamond drill program at the Thormódsdalur epithermal gold-silver project in Iceland, finishing eight holes for a total of 780.70 metres and achieving core recovery close to 100%, a major improvement o...
Business Operations and Strategy
Aurania Begins Drilling at High-Grade Thor’s Valley Gold Project in Iceland
Positive
Sep 8, 2026
Aurania Resources has launched a diamond drilling program at the Thor’s Valley epithermal gold project near Reykjavík, Iceland, marking a key step in advancing the historically high-grade deposit. The campaign will comprise six drill ho...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.