Auryn Resources (AUG) Trading Down 4.7%

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Auryn Resources Inc (TSE:AUG)’s share price fell 4.7% during mid-day trading on Thursday . The stock traded as low as C$1.62 and last traded at C$1.63. 129,875 shares were traded during trading, an increase of 8% from the average session volume of 119,978 shares. The stock had previously closed at C$1.71.

Separately, Roth Capital reiterated a “buy” rating on shares of Auryn Resources in a report on Wednesday, February 20th.

The firm has a market cap of $154.48 million and a PE ratio of 8.56.

In other news, Director Ivan Bebek acquired 170,000 shares of the firm’s stock in a transaction that occurred on Wednesday, February 13th. The stock was bought at an average cost of C$0.51 per share, for a total transaction of C$86,700.00. Following the acquisition, the director now directly owns 4,933,000 shares in the company, valued at C$2,515,830. Also, Senior Officer Michael Henrichsen sold 100,000 shares of the business’s stock in a transaction that occurred on Wednesday, February 13th. The stock was sold at an average price of C$1.31, for a total transaction of C$131,000.00. Following the completion of the transaction, the insider now owns 201,000 shares of the company’s stock, valued at C$263,310.

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Auryn Resources Company Profile (TSE:AUG)

Auryn Resources Inc, a junior mining exploration company, engages in the acquisition, exploration, and development of mineral resource properties. Its principal mineral properties are the Committee Bay gold project located in Nunavut, Canada and the Homestake Ridge project located within the Iskut-Stewart-Kitsault belt, in northwestern British Columbia.

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