Aura Minerals (TSE:ORA) Share Price Crosses Above Two Hundred Day Moving Average – Here’s What Happened

Aura Minerals Inc. (TSE:ORA) passed 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 trading hands.

Aura Minerals Price Performance

The firm has a market cap of C$1.29 billion, a price-to-earnings ratio of -28.85 and a beta of 0.59. The business has a 50 day simple moving average of C$17.27 and a 200-day simple moving average of C$15.43. The company has a debt-to-equity ratio of 147.20, a quick ratio of 1.22 and a current ratio of 1.52.

Aura Minerals Cuts Dividend

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

Insiders Place Their Bets

In related news, Senior Officer Joao Kleber Dos Santos Cardoso sold 10,000 shares of Aura Minerals 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. 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.