Shares of Aurion Resources Ltd. (CVE:AU - Get Free Report) shot up 2.5% on Wednesday . The stock traded as high as C$0.82 and last traded at C$0.81. 85,947 shares were traded during trading, an increase of 22% from the average session volume of 70,311 shares. The stock had previously closed at C$0.79.
Aurion Resources Stock Performance
The firm's 50-day moving average price is C$0.77 and its two-hundred day moving average price is C$0.70. The company has a debt-to-equity ratio of 0.10, a quick ratio of 9.60 and a current ratio of 11.18. The stock has a market cap of C$122.09 million, a price-to-earnings ratio of -47.05 and a beta of 1.81.
Aurion Resources Company Profile
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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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