Stocks

Insider Buying: Aurion Resources Ltd. (CVE:AU) Director Purchases 20,000 Shares of Stock

Published December 22, 2024

Aurion Resources Ltd. (CVE:AU) has recently seen some notable insider buying activity. On December 18th, Director Lotan Holdings Inc. acquired 20,000 shares of the company’s stock. This transaction was executed at an average price of C$0.62 per share, amounting to a total investment of C$12,400.00.

In addition to this recent purchase, Lotan Holdings Inc. has made several other notable trades in Aurion Resources stock:

  • On December 16th, 27,000 shares were purchased at an average price of C$0.63 per share, totaling C$17,010.00.
  • On December 12th, the director bought 25,000 shares at an average cost of C$0.63 per share, which resulted in a transaction value of C$15,750.00.
  • Earlier, on December 6th, 37,000 shares were bought at an average price of C$0.64 each, leading to a total of C$23,680.00.
  • On November 22nd, Lotan Holdings Inc. acquired 25,000 shares at an average cost of C$0.56 per share, for a total of C$14,000.00.
  • On November 15th, 26,000 shares were bought at an average price of C$0.54, totaling C$14,040.00.
  • On November 13th, the director purchased 10,000 shares at C$0.57 each, with a total transaction value of C$5,700.00.
  • On November 11th, a transaction for 20,000 shares at an average cost of C$0.63 brought a total of C$12,600.00.
  • On October 1st, 20,000 shares were acquired at an average price of C$0.61, totaling C$12,200.00.

Stock Performance of Aurion Resources

In recent trading, shares of Aurion Resources Ltd. (CVE:AU) showed an increase, trading up by C$0.02 to reach C$0.63. The trading volume for the day was 24,555 shares, compared to the average volume of 104,396. Currently, the company has a current ratio of 4.81, a quick ratio of 9.60, and a debt-to-equity ratio of 0.12. Over the past year, the stock has seen lows of C$0.44 and highs of C$0.75. Additionally, Aurion Resources possesses a market capitalization of C$93.80 million and carries a price-to-earnings ratio of -12.60 along with a beta of 1.81. As for average prices, the 50-day moving average stands at C$0.63, while the 200-day moving average is at C$0.60.

Aurion Resources Overview

Aurion Resources Ltd. is involved in evaluating, acquiring, and exploring mineral properties in regions including Canada, the United States, and Finland. The firm primarily explores deposits for precious metals, gold, iron, vanadium, and other base metals. Some of its key projects include the Risti project in Finland, the Launi project near Sodankylä, and the Auermaa property in Eastern Lapland.

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This information was generated through financial data analytics technology to provide timely insights regarding stock transactions and performance.

Investment Consideration

If you're contemplating an investment in Aurion Resources, it's important to gather insights from top-rated analysts who track this stock family. Currently, Aurion Resources has a "Hold" rating, while analysts have identified five other stocks as more attractive buys. For a detailed view of these opportunities, refer to expert recommendations.

Aurion, Resources, Insider, Buying, Stocks