Lotan Holdings Inc. Acquires 17,000 Shares of Aurion Resources Ltd. (CVE:AU)

On Monday, December 23rd, Lotan Holdings Inc., a director of Aurion Resources Ltd. (CVE:AU), made a significant purchase by acquiring 17,000 shares of the company’s stock. The acquisition was made at an average price of C$0.62 per share, resulting in a total investment of C$10,540.00.

In addition to this recent purchase, Lotan Holdings has been active in trading Aurion Resources shares over the past weeks. Here is a summary of other notable transactions made by Lotan Holdings:

• On December 20th, 15,500 shares were bought at an average of C$0.62 per share, totaling C$9,610.00.
• On December 18th, 20,000 shares were acquired at an average price of C$0.62, with a total cost of C$12,400.00.
• On December 16th, the company purchased 27,000 shares at an average cost of C$0.63 per share, amounting to C$17,010.00.
• On December 12th, 25,000 shares were bought at an average of C$0.63, totaling C$15,750.00.
• On December 6th, the purchase of 37,000 shares was completed at an average price of C$0.64, for a total of C$23,680.00.
• On November 22nd, the company acquired 25,000 shares at an average price of C$0.56, which amounted to C$14,000.00.
• On November 15th, 26,000 shares were purchased at an average cost of C$0.54 per share, totaling C$14,040.00.
• On November 13th, Lotan Holdings acquired 10,000 shares at an average price of C$0.57, bringing the total transaction to C$5,700.00.
• On November 11th, another purchase of 20,000 shares was made at an average cost of C$0.63, totaling C$12,600.00.
• Finally, on October 1st, 20,000 shares were bought at an average cost of C$0.61, leading to a total transaction value of C$12,200.00.

Insights Into Aurion Resources Stock Performance

On December 24th, Aurion Resources saw its stock price rise by C$0.05 during mid-day trading, pushing the price up to C$0.66. Approximately 37,410 shares changed hands on this day, contrasting its average trading volume of 103,746 shares. Over the past year, Aurion Resources Ltd. has reached a low of C$0.44 and a high of C$0.75. The company's market capitalization stands at C$98.27 million, with a PE ratio of -13.20, and a beta of 1.81. Additionally, the company has a debt-to-equity ratio of 0.12, a current ratio of 4.81, and a quick ratio of 9.60. The 50-day moving average for their stock is C$0.63, while the 200-day moving average is at C$0.60.

Understanding Aurion Resources Ltd.

Aurion Resources Ltd. is engaged in evaluating, acquiring, and exploring mineral properties in various locations, including Canada, the United States, and Finland. The company mainly focuses on precious metals, gold, iron, vanadium, and other base metals. Its key projects include the Risti project, which spans 16,197 hectares in Finland's Central Lapland Greenstone Belt; the Launi project, covering roughly 14,400 hectares near Sodankylä; and the Auermaa property located in Eastern Lapland.

Lotan, Shares, Acquisition