Aura Minerals (TSE:ORA) Shares Pass Above 200-Day Moving Average – Here’s What Happened

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$15.39 and traded as high as C$17.89. Aura Minerals shares last traded at C$17.89, with a volume of 34,332 shares changing hands.

Aura Minerals Trading Up 5.2 %

The stock has a market cap of C$1.29 billion, a P/E ratio of -28.85 and a beta of 0.59. The company has a current ratio of 1.52, a quick ratio of 1.22 and a debt-to-equity ratio of 147.20. The company has a 50-day moving average price of C$17.27 and a two-hundred day moving average price of C$15.39.

Aura Minerals Cuts Dividend

The business also recently announced a Semi-Annual dividend, which was paid on Monday, December 2nd. Stockholders of record on Monday, December 2nd were given a dividend of $0.24 per share. This represents a dividend yield of 1.37%. The ex-dividend date of this dividend was Friday, November 15th. Aura Minerals’s dividend payout ratio is currently -154.84%.

Insider Activity

In related news, Senior Officer Joao Kleber Dos Santos Cardoso sold 10,000 shares of the business’s stock in a transaction on Tuesday, November 19th. The stock was sold at an average price of C$16.15, for a total transaction of C$161,500.00. Corporate insiders own 57.96% of the company’s stock.

Aura Minerals Company Profile

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.