Aurion Resources (CVE:AU) Trading 18.8% Higher

Aurion Resources Ltd. (CVE:AU – Get Rating) traded up 18.8% during mid-day trading on Tuesday . The company traded as high as C$0.82 and last traded at C$0.82. 101,040 shares traded hands during mid-day trading, an increase of 96% from the average session volume of 51,429 shares. The stock had previously closed at C$0.69.
Aurion Resources Stock Performance
The stock’s fifty day moving average price is C$0.62 and its two-hundred day moving average price is C$0.55. The company has a debt-to-equity ratio of 0.05, a quick ratio of 9.60 and a current ratio of 9.95. The company has a market cap of C$93.11 million, a P/E ratio of -9.88 and a beta of 1.56.
About Aurion Resources
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, iron, titanium, 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; 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 Sodankylä.