Aurion Resources (CVE:AU) Shares Up 4.8%

Aurion Resources Ltd. (CVE:AU)’s stock price shot up 4.8% during trading on Monday . The company traded as high as C$0.67 and last traded at C$0.66. 19,000 shares traded hands during trading, a decline of 73% from the average session volume of 70,812 shares. The stock had previously closed at C$0.63.

Aurion Resources Stock Up 4.8 %

The business has a 50 day simple moving average of C$0.67 and a 200 day simple moving average of C$0.55. The company has a market capitalization of C$87.42 million, a price-to-earnings ratio of -13.20 and a beta of 1.93. The company has a debt-to-equity ratio of 0.01, a current ratio of 6.21 and a quick ratio of 9.60.

Insider Activity at Aurion Resources

In other Aurion Resources news, Director Lotan Holdings Inc. acquired 50,000 shares of the stock in a transaction dated Thursday, March 14th. The stock was acquired at an average price of C$0.55 per share, with a total value of C$27,500.00. 10.86% of the stock is currently owned by company insiders.

Aurion Resources Company Profile

Aurion Resources Ltd. engages in the evaluation, acquisition, and exploration of mineral properties in Canada, the United States, and Finland. The company explores precious metals, gold, iron, vanadium, and base metals deposits. Its flagship projects are the Risti project, which covers an area of 16,197 hectares located in the Central Lapland Greenstone Belt in northern Finland; the Launi project that consists of two blocks and covers an area of approximately 14,400 hectares located to the northwest of the municipality of Sodankylä; and the Auermaa property located in Eastern Lapland.