Aurion Resources (CVE:AU) Stock Price Down 3.1% – Here’s Why

Shares of Aurion Resources Ltd. (CVE:AUGet Free Report) traded down 3.1% during mid-day trading on Tuesday . The company traded as low as C$0.63 and last traded at C$0.63. 20,900 shares traded hands during trading, a decline of 37% from the average session volume of 33,144 shares. The stock had previously closed at C$0.65.

Aurion Resources Price Performance

The firm has a market cap of C$93.80 million, a PE ratio of -12.60 and a beta of 1.81. The company has a current ratio of 4.81, a quick ratio of 9.60 and a debt-to-equity ratio of 0.12. The company has a 50 day moving average price of C$0.62 and a 200 day moving average price of C$0.60.

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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