auro resources corp
(ARU:TSX Venture Exchange)
auro resources corp (ARU) Snapshot
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Open
C$0.01
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Previous Close
C$0.01
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Day High
C$0.01
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Day Low
C$0.01
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52 Week High
06/26/12 - C$0.05
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52 Week Low
06/6/13 - C$0.01
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Market Cap
823.2K
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Average Volume 10 Days
5.4K
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EPS TTM
C$-0.06
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Shares Outstanding
82.3M
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EX-Date
--
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P/E TM
--
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Dividend
--
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Dividend Yield
--
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Related News
auro resources corp (ARU) Related Businessweek News
No Related Businessweek News Foundauro resources corp (ARU) Details
Auro Resources Corp., a junior exploration company, engages in the development of gold projects in Colombia. It primarily holds interest in the El Tesoro project, which consists of 848 hectares and is located in the northeast of Antioquia Department, the Magdalena middle-region. The company was formerly known as New Global Ventures International Ltd. Auro Resources Corp. is headquartered in Vancouver, Canada.
auro resources corp (ARU) Key Developments
Auro Resources Corp. announced that on January 11, 2013, the directors of the Company appointed Mr. Peter Tegart as the new President and Chief Executive Officer of the Company and Mr. Cyrus Driver as the new Secretary and Chief Financial Officer of the Company. Mr. Tegart is a geologist with 50 years' experience in exploration and mining, and currently serves as director of several other reporting companies. He is currently a partner in the firm of Davidson and Company LLP and also currently serves as director or CFO of several TSX Venture companies.
Auro Resources Corp. announced that at its AGM held on January 3, 2012, the shareholders elected Cyrus Driver, Dr. Antony Harwood, Scott McLean and Peter Tegart as directors of the Company. The new directors are successful businessmen with significant experience in geological exploration and mine development, and possess strong skills in business management, capital markets, finance and accounting.
Auro Resources Corp. announced that it had a resounding win in the British Columbia Supreme Court on December 21, 2012 against Andrew Williams, a Haywood broker. All applications to the Court by Andrew Williams against AuRo Resources and four of its six directors being Len Davies, Mario Concha, Mark Lawson and Mike Rodger were dismissed entirely. Also the Court ordered Andrew Williams to pay the costs of AuRo Resources and the Named Directors. Andrew Williams is a broker at Haywood Securities Inc. and an associate of David Elliott, also a broker at Haywood. Andrew Williams had applied for a temporary injunction against AuRo Resources and the Named Directors which present management believes was intended to temporarily financially cripple AuRo Resources in an attempt by Andrew Williams and David Elliott to influence shareholders and to cause them to vote for directors nominated by David Elliott under a "dissident" information circular.

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| ARU:CN | C$0.01 CAD | 0.00 | |
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Industry Analysis
ARU
Industry Average
| Valuation | ARU | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | -- | Not Meaningful |
| Price/Book | 0.3x |
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| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | -- | Not Meaningful |
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To contact AURO RESOURCES CORP, please visit www.auroresources.com. Company data is provided by Capital IQ. Please use this form to report any data issues.
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