Insider Buying: Aurion Resources Ltd. (CVE:AU) Director Purchases 45,000 Shares of Stock

Aurion Resources Ltd. (CVE:AU) Director Lotan Holdings Inc. acquired 45,000 shares of the company’s stock in a transaction dated Friday, July 12th. The stock was acquired at an average cost of C$0.60 per share, for a total transaction of C$27,000.00.

Aurion Resources Trading Down 1.7 %

CVE AU opened at C$0.58 on Wednesday. The stock has a market capitalization of C$76.83 million, a P/E ratio of -11.60 and a beta of 1.93. The business has a 50 day simple moving average of C$0.64 and a 200 day simple moving average of C$0.59. The company has a debt-to-equity ratio of 0.01, a current ratio of 6.21 and a quick ratio of 9.60. Aurion Resources Ltd. has a one year low of C$0.39 and a one year high of C$0.75.

Aurion Resources (CVE:AU) last announced its quarterly earnings data on Monday, April 29th. The company reported C($0.01) EPS for the quarter. Research analysts expect that Aurion Resources Ltd. will post -0.13 earnings per share for the current year.

Aurion Resources Company Profile

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.