Aurion Resources Ltd. (CVE:AU – Get Rating) Director Lotan Holdings Inc. acquired 67,300 shares of the business’s stock in a transaction that occurred on Tuesday, April 19th. The shares were purchased at an average cost of C$1.00 per share, for a total transaction of C$67,300.00. Following the completion of the transaction, the director now directly owns 10,570,582 shares in the company, valued at approximately C$10,570,582.
AU stock traded up C$0.02 during trading on Wednesday, hitting C$1.02. 12,232 shares of the stock traded hands, compared to its average volume of 125,890. Aurion Resources Ltd. has a 1 year low of C$0.65 and a 1 year high of C$1.36. The stock has a 50 day simple moving average of C$1.03. The stock has a market capitalization of C$119.77 million and a PE ratio of -15.15. The company has a current ratio of 16.65, a quick ratio of 15.80 and a debt-to-equity ratio of 0.09.
Separately, Haywood Securities cut their price objective on shares of Aurion Resources from C$3.50 to C$2.50 in a research report on Wednesday, January 19th.
Aurion Resources Ltd., an exploration company, acquires, explores for, and evaluates mineral properties in Finland, Sweden, the United States, and Mexico. The company explores precious metals, gold and vanadium deposits, and base metals. 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; and the Launi project that consists of two blocks and covers an area of approximately 144 square kilometers located to the northwest of the municipality of SodankylÃ¤.
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