Pi Financial Analysts Give Aurion Resources (CVE:AU) a C$2.50 Price Target

Aurion Resources (CVE:AU) has been assigned a C$2.50 target price by equities researchers at Pi Financial in a research note issued to investors on Wednesday, BayStreet.CA reports. The firm presently has a “buy” rating on the stock. Pi Financial’s price objective would indicate a potential upside of 23.76% from the stock’s current price.

Aurion Resources stock traded up C$0.08 during midday trading on Wednesday, hitting C$2.02. The company’s stock had a trading volume of 63,100 shares, compared to its average volume of 110,235. The company has a quick ratio of 14.98, a current ratio of 15.47 and a debt-to-equity ratio of 0.32. The stock’s 50-day moving average price is C$1.85 and its 200-day moving average price is C$1.73. Aurion Resources has a 12 month low of C$0.85 and a 12 month high of C$2.35. The company has a market capitalization of $154.88 million and a PE ratio of -106.32.

Aurion Resources (CVE:AU) last issued its quarterly earnings results on Tuesday, November 26th. The company reported C($0.02) EPS for the quarter.

Aurion Resources Company Profile

Aurion Resources Ltd., a Canadian exploration company, acquires and explores for precious metals, gold ores, and base metals in Finland. The company primarily holds interests in Kutuvuoma and Silasselka projects covering approximately 70,000 hectares in the Central Lapland Greenstone Belt of Northern Finland.

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