Aura Minerals (TSE:ORA) Share Price Crosses Above 200 Day Moving Average of $10.16

Aura Minerals Inc. (TSE:ORA) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$10.16 and traded as high as C$12.60. Aura Minerals shares last traded at C$12.55, with a volume of 25,235 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, National Bankshares upped their price objective on shares of Aura Minerals from C$15.00 to C$16.00 and gave the stock an “outperform” rating in a research report on Monday, June 10th.

Aura Minerals Stock Performance

The business’s 50-day simple moving average is C$11.67 and its two-hundred day simple moving average is C$10.16. The firm has a market cap of C$906.61 million, a price-to-earnings ratio of 179.29 and a beta of 0.45. The company has a quick ratio of 1.22, a current ratio of 1.95 and a debt-to-equity ratio of 119.13.

Aura Minerals (TSE:ORA) last issued its quarterly earnings data on Monday, May 6th. The company reported C$0.21 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.39 by C($0.18). The firm had revenue of C$178.06 million during the quarter. Aura Minerals had a return on equity of 1.26% and a net margin of 0.89%. As a group, sell-side analysts expect that Aura Minerals Inc. will post 1.1825243 earnings per share for the current fiscal year.

Aura Minerals Increases Dividend

The company also recently disclosed a Semi-Annual dividend, which will be paid on Friday, June 28th. Shareholders of record on Thursday, June 20th will be given a $0.482 dividend. The ex-dividend date of this dividend is Thursday, June 20th. This represents a dividend yield of 2.74%. This is an increase from Aura Minerals’s previous Semi-Annual dividend of $0.35. Aura Minerals’s dividend payout ratio is 957.14%.

About Aura Minerals

Aura Minerals Inc, a gold and copper production company, focuses on the development and operation of gold and base metal projects in the Americas. It operates through Minosa Mine, Apoena Mines, The Aranzazu Mine, Corporate, Almas, and Projects segments. The company primarily explores for gold and copper in Brazil, Mexico, and Honduras.