Aurion Resources (CVE:AU) Trading Down 2.8%

Aurion Resources Ltd (CVE:AU)’s stock price fell 2.8% during trading on Wednesday . The company traded as low as C$1.32 and last traded at C$1.37, 144,061 shares were traded during trading. A decline of 21% from the average session volume of 183,417 shares. The stock had previously closed at C$1.41.

A number of brokerages have recently weighed in on AU. Eight Capital dropped their price target on Aurion Resources from C$2.65 to C$2.50 in a research report on Tuesday, April 21st. Pi Financial set a C$2.00 price target on Aurion Resources and gave the stock a “buy” rating in a research report on Thursday, April 23rd.

The company has a current ratio of 11.47, a quick ratio of 11.00 and a debt-to-equity ratio of 0.27. The stock has a market capitalization of $86.90 million and a price-to-earnings ratio of -15.39. The firm has a 50-day moving average of C$1.22 and a 200 day moving average of C$1.33.

About Aurion Resources (CVE:AU)

Aurion Resources Ltd., a Canadian exploration company, acquires and explores for precious metals, gold ores, and base metals in Finland. The company primarily holds interests in Kutuvuoma and Silasselka projects covering approximately 70,000 hectares in the Central Lapland Greenstone Belt of Northern Finland.

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