Aura Minerals (TSE:ORA) Sets New 52-Week High – Here’s Why

Aura Minerals Inc. (TSE:ORA)’s stock price reached a new 52-week high on Thursday . The stock traded as high as C$23.25 and last traded at C$23.15, with a volume of 8710 shares trading hands. The stock had previously closed at C$22.90.

Aura Minerals Stock Performance

The company has a current ratio of 1.13, a quick ratio of 1.22 and a debt-to-equity ratio of 147.80. The firm has a 50-day simple moving average of C$20.13 and a two-hundred day simple moving average of C$17.66. The company has a market capitalization of C$1.25 billion, a price-to-earnings ratio of -23.35 and a beta of 0.59.

Aura Minerals Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, March 14th will be issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 4.14%. The ex-dividend date of this dividend is Thursday, March 6th. Aura Minerals’s dividend payout ratio is -92.83%.

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.