Stocks

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

Published December 17, 2024

Aurion Resources Ltd. (CVE:AU) recently saw its director, Lotan Holdings Inc., make a significant purchase of 27,000 shares in a transaction that took place on Monday, December 16th. The shares were acquired at an average price of C$0.63 each, resulting in a total investment of C$17,010.00.

This recent acquisition is part of a series of investments by Lotan Holdings Inc. in Aurion Resources. On December 12th, they purchased 25,000 shares at an average price of C$0.63 for a total of C$15,750.00. Earlier in December, on the 6th, they bought 37,000 shares at an average cost of C$0.64 per share, totaling C$23,680.00.

Throughout November, the buying trend continued, with Lotan Holdings Inc. acquiring 25,000 shares on November 22nd at C$0.56 per share and 26,000 shares on November 15th at C$0.54 per share. The transactions were valued at C$14,000.00 and C$14,040.00 respectively. Additionally, they secured 10,000 shares on November 13th at C$0.57, amounting to C$5,700.00, and 20,000 shares on November 11th at C$0.63 for C$12,600.00. Earlier, on October 1st, they invested C$12,200.00 for 20,000 shares at an average price of C$0.61.

Current Performance of Aurion Resources Stocks

As of Tuesday, the stock price for Aurion Resources opened at C$0.63, reflecting a 1.6% increase. The company holds a market capitalization of C$93.80 million, with a PE ratio of -12.60 and a beta of 1.81. Financial ratios indicate stability, with a debt-to-equity ratio of 0.12, a current ratio of 4.81, and a quick ratio of 9.60. Over the past year, Aurion Resources has seen a low of C$0.44 and a high of C$0.75, with its 50-day moving average sitting at C$0.63 and the 200-day average at C$0.60.

About Aurion Resources Ltd.

Aurion Resources Ltd. engages in the exploration, acquisition, and evaluation of mineral properties across Canada, the United States, and Finland. The company focuses on finding precious metals including gold, as well as iron, vanadium, and various base metals. Some of its key projects include the Risti project in Finland, which spans 16,197 hectares, and the Launi project covering approximately 14,400 hectares in northern Finland.

Aurion, Investment, Shares