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Aurion Resources (CVE:AU) Sets New 1-Year High - Here's What Happened

Aurion Resources logo with Basic Materials background

Key Points

  • Aurion Resources Ltd. reached a new 52-week high of C$1.18 during trading, closing at the same price with a total trading volume of 12,094 shares.
  • The company has a market capitalization of C$169.05 million, a price-to-earnings ratio of -56.50, and a low debt-to-equity ratio of 0.10.
  • Aurion Resources focuses on the exploration of precious metals and has key projects in Finland, including the Risti project and the Launi project.
  • Five stocks we like better than Aurion Resources.

Aurion Resources Ltd. (CVE:AU - Get Free Report) hit a new 52-week high during mid-day trading on Friday . The company traded as high as C$1.18 and last traded at C$1.18, with a volume of 12094 shares changing hands. The stock had previously closed at C$1.16.

Aurion Resources Price Performance

The stock has a market capitalization of C$169.05 million, a price-to-earnings ratio of -56.50 and a beta of 0.41. The business's fifty day moving average price is C$0.92 and its 200-day moving average price is C$0.81. The company has a debt-to-equity ratio of 0.10, a current ratio of 11.18 and a quick ratio of 9.60.

Aurion Resources Company Profile

(Get Free Report)

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.

Further Reading

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