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

Aura Minerals Inc. (TSE:ORA) shares passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$15.93 and traded as high as C$17.95. Aura Minerals shares last traded at C$17.95, with a volume of 20,707 shares traded.

Aura Minerals Trading Down 0.2 %

The company has a 50-day moving average price of C$17.59 and a 200 day moving average price of C$15.93. 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 stock has a market capitalization of C$1.30 billion, a P/E ratio of -28.95 and a beta of 0.59.

Aura Minerals (TSE:ORA) last announced its earnings results on Monday, November 4th. The company reported C$0.82 earnings per share for the quarter, topping the consensus estimate of C$0.62 by C$0.20. Aura Minerals had a negative return on equity of 11.41% and a negative net margin of 6.61%. On average, research analysts forecast that Aura Minerals Inc. will post 4.2025641 earnings per share for the current fiscal year.

Aura Minerals Cuts Dividend

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

Insider Buying and Selling

In other Aura Minerals news, Senior Officer Joao Kleber Dos Santos Cardoso sold 10,000 shares of the business’s stock in a transaction dated Tuesday, November 19th. The stock was sold at an average price of C$16.15, for a total transaction of C$161,500.00. 57.96% of the stock is owned by company 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.