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

Shares of Aura Minerals Inc. (TSE:ORA) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$13.90 and traded as high as C$16.46. Aura Minerals shares last traded at C$15.87, with a volume of 30,045 shares changing hands.

Aura Minerals Price Performance

The firm has a market cap of C$1.13 billion, a PE ratio of -25.84 and a beta of 0.59. The company has a debt-to-equity ratio of 147.20, a current ratio of 1.52 and a quick ratio of 1.22. The company has a 50 day moving average price of C$16.19 and a 200 day moving average price of C$13.91.

Aura Minerals Cuts Dividend

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

Insider Buying and Selling

In other Aura Minerals news, Director Glauber Rosa Luvizotto sold 19,300 shares of the stock in a transaction on Thursday, September 5th. The stock was sold at an average price of C$13.97, for a total transaction of C$269,669.25. 57.96% of the stock is owned by insiders.

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.