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

On December 16th, Lotan Holdings Inc., a director at Aurion Resources Ltd. (CVE:AU - Get Free Report), made a significant investment by acquiring 27,000 shares of the company's stock. The shares were purchased at an average price of C$0.63 per share, making the total transaction value C$17,010.00.

This purchase is part of a series of transactions by Lotan Holdings Inc. in recent weeks:

• On December 12th, the firm bought 25,000 shares at an average price of C$0.63 each, totaling C$15,750.00.
• On December 6th, 37,000 shares were purchased at C$0.64 per share, amounting to C$23,680.00.
• On November 22nd, 25,000 shares were acquired at C$0.56 each, for a total of C$14,000.00.
• On November 15th, 26,000 shares were bought at C$0.54 per share, equating to C$14,040.00.
• On November 13th, 10,000 shares were acquired at C$0.57 per share, with a total cost of C$5,700.00.
• On November 11th, 20,000 shares were purchased at C$0.63 each, for a total of C$12,600.00.
• On October 1st, 20,000 shares were bought at C$0.61 per share, for a total of C$12,200.00.

Aurion Resources Stock Performance

As of Tuesday, Aurion Resources opened at C$0.63. The company's market capitalization is approximately C$93.80 million. The stock has a PE ratio of -12.60 and a beta of 1.81. Additionally, the company maintains a healthy debt-to-equity ratio of 0.12, alongside current and quick ratios of 4.81 and 9.60, respectively. For investors, Aurion's stock has seen a fifty-two week low of C$0.44 and a high of C$0.75. The moving averages for the stock are currently at C$0.63 for the last 50 days and C$0.60 for the 200-day period.

Company Overview

Aurion Resources Ltd. is engaged in the exploration, acquisition, and evaluation of mineral properties across Canada, the United States, and Finland. The firm focuses on the exploration of precious metals, such as gold, as well as iron, vanadium, and various base metals. Aurion's flagship projects include the Risti project in northern Finland, covering 16,197 hectares; the Launi project, which encompasses roughly 14,400 hectares northwest of Sodankylä; and the Auermaa property located in Eastern Lapland.

Final Thoughts

The recent purchases by Lotan Holdings Inc. indicate a robust confidence in Aurion Resources Ltd.'s potential going forward. As the market responds, investors will be observant of any further developments regarding both the company and the broader mining sector.

stocks, investment, Aurion