Aurion Resources (CVE:AU) Shares Down 6.3% - Should You Sell?

Aurion Resources Ltd. (CVE:AU - Get Free Report) shares were down 6.3% on Thursday . The stock traded as low as C$0.73 and last traded at C$0.74. Approximately 28,000 shares changed hands during trading, a decline of 57% from the average daily volume of 64,990 shares. The stock had previously closed at C$0.79.

Aurion Resources Stock Down 6.3%

The company has a current ratio of 11.18, a quick ratio of 9.60 and a debt-to-equity ratio of 0.10. The firm has a market capitalization of C$110.18 million, a price-to-earnings ratio of -42.46 and a beta of 1.81. The stock has a fifty day moving average of C$0.76 and a 200-day moving average of C$0.72.

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.

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