Aura Minerals (TSE:ORA) Stock Price Passes Above Two Hundred Day Moving Average – Should You Sell?

Aura Minerals Inc. (TSE:ORA)’s share price crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$14.80 and traded as high as C$18.15. Aura Minerals shares last traded at C$18.09, with a volume of 22,559 shares traded.

Aura Minerals Trading Up 3.8 %

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 market cap of C$1.31 billion, a P/E ratio of -29.18 and a beta of 0.59. The firm has a 50-day moving average of C$16.88 and a 200 day moving average of C$14.80.

Aura Minerals Cuts Dividend

The company also recently declared a Semi-Annual dividend, which was paid on Monday, December 2nd. Investors 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 payout ratio is currently -154.84%.

Insider Activity

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

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.