Aurion Resources (CVE:AU) Sets New 52-Week High – Here’s What Happened

Aurion Resources Ltd. (CVE:AU) shares hit a new 52-week high on Monday . The stock traded as high as C$1.78 and last traded at C$1.77, with a volume of 83869 shares. The stock had previously closed at C$1.72.

Aurion Resources Stock Performance

The company has a current ratio of 11.18, a quick ratio of 9.60 and a debt-to-equity ratio of 0.10. The company has a market capitalization of C$280.11 million, a price-to-earnings ratio of -43.25 and a beta of 0.70. The stock’s fifty day simple moving average is C$1.51 and its 200-day simple moving average is C$1.20.

About Aurion Resources

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.