Companies

Lotan Holdings Inc. Acquires 27,000 Shares of Aurion Resources Ltd.

Published December 17, 2024

Aurion Resources Ltd. (CVE:AU) has witnessed recent insider activity, as its director, Lotan Holdings Inc., purchased 27,000 shares of the company. This transaction took place on Monday, December 16, and the shares were acquired at an average price of C$0.63 per share, totaling C$17,010.00.

This recent acquisition is part of a series of purchases made by Lotan Holdings Inc. within the last few weeks. Notably:

  • On Thursday, December 12, Lotan Holdings purchased 25,000 shares at an average price of C$0.63, amounting to a transaction value of C$15,750.00.
  • On Friday, December 6, it acquired 37,000 shares for an average price of C$0.64 per share, totaling C$23,680.00.
  • Earlier, on Friday, November 22, 25,000 shares were purchased at an average price of C$0.56, with a total value of C$14,000.00.
  • On Friday, November 15, 26,000 shares were bought at C$0.54, totaling C$14,040.00.
  • Additionally, on Wednesday, November 13, it acquired 10,000 shares at an average price of C$0.57, with the total value being C$5,700.00.
  • On Monday, November 11, 20,000 shares were purchased at an average of C$0.63, for a total of C$12,600.00.
  • Lastly, on Tuesday, October 1, 20,000 shares were bought at an average price of C$0.61, adding up to a total of C$12,200.00.

Stock Performance of Aurion Resources

As of Tuesday, December 17, Aurion Resources stock opened at C$0.63. This shows a slight increase of 1.6%. The company holds a market capitalization of C$93.80 million. Additionally, Aurion has a price-to-earnings (PE) ratio of -12.60 and a beta of 1.81. Important financial ratios for the company include a debt-to-equity ratio of 0.12 and a current ratio of 4.81, with a quick ratio of 9.60. Furthermore, Aurion Resources Ltd. has recorded a fifty-two-week low of C$0.44 and a high of C$0.75. The stock has a 50-day moving average of C$0.63 and a 200-day moving average of C$0.60.

About Aurion Resources Ltd.

Aurion Resources Ltd. is engaged in the exploration and acquisition of mineral properties primarily within Canada, the United States, and Finland. The company focuses on discovering precious metals, including gold, and other base metals. Among its notable projects are the Risti project, which spans 16,197 hectares in Finland's Central Lapland Greenstone Belt; the Launi project, covering approximately 14,400 hectares northwest of Sodankylä; and the Auermaa property in Eastern Lapland.

Aurion, shares, investment