Stocks

Lotan Holdings Inc. Acquires 20,000 Shares of Aurion Resources Ltd.

Published December 23, 2024

On December 18th, Lotan Holdings Inc., a director of Aurion Resources Ltd. (CVE:AU), acquired 20,000 shares of the company's stock. The purchase was made at an average price of C$0.62 per share, totaling a value of C$12,400.00.

In addition to this recent transaction, Lotan Holdings Inc. has made several other trades involving Aurion Resources stock:

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

Aurion Resources Stock Overview

Aurion Resources Ltd. is currently valued on the market at approximately C$93.80 million. The shares of Aurion Resources opened at a price of C$0.63 on the latest trading day. The company has a price-to-earnings (P/E) ratio of -12.60, and its stock displays a beta of 1.81, indicating a relatively higher volatility compared to the market.

The financial structure of Aurion Resources shows a debt-to-equity ratio of 0.12, indicating that the company has low debt levels compared to its equity. Moreover, it has a quick ratio of 9.60 and a current ratio of 4.81, demonstrating strong liquidity.

The stock price has seen a range over the past year, hitting a low of C$0.44 and a high of C$0.75. As for its moving averages, the fifty-day average is currently C$0.63, while the two-hundred-day average stands at C$0.60.

Company Profile

Aurion Resources Ltd. is focused on evaluating, acquiring, and exploring mineral properties across Canada, the United States, and Finland. The company specializes in exploring various precious metals, including gold, iron, vanadium, and other base metals. Aurion has several flagship projects, most notably the Risti project in northern Finland, which encompasses 16,197 hectares, along with the Launi project located to the northwest of Sodankylä, which covers about 14,400 hectares.

For those interested in more updates or details about insider trading activities at Aurion Resources, it is possible to subscribe to receive daily reports regarding insider buying and selling.

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