Aurion Resources (CVE:AU) Hits New 12-Month High – Here’s What Happened

Aurion Resources Ltd. (CVE:AU)’s share price reached a new 52-week high during trading on Monday . The stock traded as high as C$2.60 and last traded at C$2.59, with a volume of 44455 shares trading hands. The stock had previously closed at C$2.60.

Aurion Resources Price Performance

The firm has a 50-day moving average price of C$2.17 and a 200 day moving average price of C$1.67. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.46 and a quick ratio of 9.60. The company has a market cap of C$435.32 million, a price-to-earnings ratio of -51.60 and a beta of 0.79.

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.