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Aurion Resources (CVE:AU) Trading 1.4% Higher - Here's Why

Aurion Resources logo with Basic Materials background

Aurion Resources Ltd. (CVE:AU - Get Free Report)'s stock price was up 1.4% on Thursday . The company traded as high as C$0.73 and last traded at C$0.72. Approximately 63,000 shares changed hands during trading, a decline of 9% from the average daily volume of 68,987 shares. The stock had previously closed at C$0.71.

Aurion Resources Stock Performance

The company has a debt-to-equity ratio of 0.10, a current ratio of 11.18 and a quick ratio of 9.60. The stock has a market cap of C$107.20 million, a PE ratio of -41.31 and a beta of 1.81. The business has a 50 day moving average price of C$0.78 and a two-hundred day moving average price of C$0.71.

About Aurion Resources

(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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