Aurion Resources (CVE:AU) Sets New 1-Year Low At $0.46

Aurion Resources Ltd. (CVE:AU – Get Rating) shares hit a new 52-week low during mid-day trading on Monday . The company traded as low as C$0.46 and last traded at C$0.47, with a volume of 209700 shares traded. The stock had previously closed at C$0.48.

Aurion Resources Trading Down 7.6 %

The firm has a market cap of C$50.05 million and a price-to-earnings ratio of -6.34. The firm’s 50-day moving average is C$0.57 and its 200-day moving average is C$0.76. The company has a current ratio of 16.90, a quick ratio of 16.43 and a debt-to-equity ratio of 0.05.

Insider Buying and Selling at Aurion Resources

In related news, Director Lotan Holdings Inc. purchased 140,500 shares of the business’s stock in a transaction on Tuesday, September 13th. The stock was acquired at an average price of C$0.52 per share, for a total transaction of C$73,411.25. Following the purchase, the director now owns 11,376,582 shares of the company’s stock, valued at C$5,944,264.10. Over the last three months, insiders have acquired 426,500 shares of company stock valued at $232,770.

Aurion Resources Company Profile

Aurion Resources Ltd., an exploration company, acquires, explores for, and evaluates mineral properties in Finland, Sweden, the United States, and Mexico. The company explores precious metals, gold, iron, titanium, 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; and the Launi project that consists of two blocks and covers an area of approximately 144 square kilometers located to the northwest of the municipality of Sodankylä.

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