Aurion Resources (CVE:AU) Shares Down 1.9% – Should You Sell?

Aurion Resources Ltd. (CVE:AU)’s stock price fell 1.9% on Tuesday . The company traded as low as C$1.00 and last traded at C$1.02. 56,337 shares traded hands during mid-day trading, a decline of 19% from the average session volume of 69,982 shares. The stock had previously closed at C$1.04.

Aurion Resources Trading Down 1.9%

The stock’s 50 day moving average is C$1.06 and its two-hundred day moving average is C$0.88. The company has a market capitalization of C$152.59 million, a PE ratio of -51.00 and a beta of 0.48. The company has a quick ratio of 9.60, a current ratio of 11.18 and a debt-to-equity ratio of 0.10.

Aurion Resources Company Profile

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.