Aurion Resources (CVE:AU) Stock Price Up 1.5% - What's Next?

Aurion Resources Ltd. (CVE:AU - Get Free Report)'s stock price rose 1.5% during trading on Wednesday . The stock traded as high as C$0.68 and last traded at C$0.68. Approximately 30,303 shares traded hands during trading, a decline of 68% from the average daily volume of 94,182 shares. The stock had previously closed at C$0.67.

Aurion Resources Price Performance

The company has a quick ratio of 9.60, a current ratio of 4.81 and a debt-to-equity ratio of 0.12. The company has a 50 day moving average of C$0.61 and a two-hundred day moving average of C$0.61. The firm has a market cap of C$99.76 million, a P/E ratio of -13.40 and a beta of 1.81.

Aurion Resources (CVE:AU - Get Free Report) last released its earnings results on Friday, August 23rd. The company reported C($0.01) EPS for the quarter. Sell-side analysts expect that Aurion Resources Ltd. will post -0.13 EPS for the current year.

Insider Activity

In other Aurion Resources news, Director Lotan Holdings Inc. bought 50,000 shares of Aurion Resources stock in a transaction dated Thursday, August 15th. The stock was bought at an average price of C$0.52 per share, for a total transaction of C$26,000.00. Insiders have bought 260,001 shares of company stock worth $135,801 over the last 90 days. 12.25% of the stock is 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.