Auryn Resources (AUG) Trading 3.7% Higher

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Auryn Resources Inc (TSE:AUG) shares traded up 3.7% on Wednesday . The company traded as high as C$1.70 and last traded at C$1.67. 106,341 shares traded hands during trading, a decline of 12% from the average session volume of 121,076 shares. The stock had previously closed at C$1.61.

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

The firm has a market capitalization of $148.15 million and a PE ratio of 8.45.

In related news, Director Ivan Bebek acquired 170,000 shares of the company’s stock in a transaction dated Wednesday, February 13th. The shares were bought at an average price of C$0.51 per share, for a total transaction of C$86,700.00. Following the acquisition, the director now owns 4,933,000 shares in the company, valued at approximately C$2,515,830. Also, Senior Officer Michael Henrichsen sold 100,000 shares of the business’s stock in a transaction dated 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 transaction, the insider now owns 201,000 shares in the company, valued at approximately C$263,310.

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About Auryn Resources (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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