Aurion Resources (CVE:AU) Trading Down 0.4% – Here’s Why

Aurion Resources Ltd. (CVE:AUGet Free Report)’s stock price dropped 0.4% on Tuesday . The company traded as low as C$2.57 and last traded at C$2.57. Approximately 49,154 shares were traded during mid-day trading, a decline of 87% from the average daily volume of 379,546 shares. The stock had previously closed at C$2.58.

Aurion Resources Trading Up 0.4%

The business’s 50-day moving average is C$2.04 and its two-hundred day moving average is C$1.59. The company has a debt-to-equity ratio of 0.08, a quick ratio of 9.60 and a current ratio of 1.46. The stock has a market capitalization of C$421.05 million, a PE ratio of -51.60 and a beta of 0.79.

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.

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