Lotan Holdings Inc. Acquires Additional Shares of Aurion Resources Ltd.
Aurion Resources Ltd. (CVE:AU - Get Free Report) has seen activity from its Director, Lotan Holdings Inc., which recently purchased 27,000 shares of the company’s stock. This transaction took place on Monday, December 16th, with the shares being bought at an average price of C$0.63 each, resulting in a total investment of C$17,010.00.
In addition to this recent purchase, Lotan Holdings Inc. has made several other significant transactions involving Aurion Resources stock in the past few weeks:
- On December 12th, Lotan Holdings Inc. acquired 25,000 shares at an average cost of C$0.63 per share, totaling C$15,750.00.
- On December 6th, they purchased 37,000 shares at an average price of C$0.64, amounting to C$23,680.00.
- On November 22nd, 25,000 shares were bought at an average of C$0.56, leading to a total transaction of C$14,000.00.
- On November 15th, Lotan purchased 26,000 shares at an average price of C$0.54 for a total of C$14,040.00.
- On November 13th, they acquired 10,000 shares at C$0.57 each, totaling C$5,700.00.
- Finally, on November 11th, 20,000 shares were purchased at C$0.63 per share, with a total investment of C$12,600.00.
- Earlier, on October 1st, they bought 20,000 shares at an average price of C$0.61, bringing total expenses to C$12,200.00.
Stock Performance Update
As for Aurion Resources’ stock performance, it opened at C$0.63 on the market after a rise of 1.6%. Currently, the company holds a market capitalization of C$93.80 million. Its price-to-earnings (PE) ratio stands at -12.60, with a beta of 1.81. Furthermore, it showcases a debt-to-equity ratio of 0.12 and impressive current and quick ratios of 4.81 and 9.60, respectively. The stock has seen a range over the past year with a low of C$0.44 and a high of C$0.75, supported by 50-day and 200-day moving averages of C$0.63 and C$0.60.
About Aurion Resources Ltd.
Aurion Resources Ltd. focuses on identifying, exploring, and acquiring mineral properties primarily in Canada, the United States, and Finland. The company specializes in various precious metals, including gold, as well as iron, vanadium, and base metals. Its flagship projects include the Risti project in northern Finland, covering 16,197 hectares, the Launi project spanning approximately 14,400 hectares northwest of Sodankylä, and the Auermaa property located in Eastern Lapland.
Aurion, Shares, Investment