Aura Minerals (TSE:ORA) Reaches New 12-Month High at $16.50

Aura Minerals Inc. (TSE:ORA) hit a new 52-week high during trading on Wednesday . The stock traded as high as C$16.50 and last traded at C$16.12, with a volume of 9170 shares traded. The stock had previously closed at C$16.25.

Wall Street Analysts Forecast Growth

Separately, National Bankshares lifted their price objective on Aura Minerals from C$15.00 to C$16.00 and gave the stock an “outperform” rating in a report on Monday, June 10th.

Aura Minerals Stock Up 1.2 %

The business has a 50-day simple moving average of C$13.85 and a two-hundred day simple moving average of C$12.16. The stock has a market capitalization of C$1.19 billion, a P/E ratio of -26.60 and a beta of 0.56. The company has a quick ratio of 1.22, a current ratio of 1.52 and a debt-to-equity ratio of 147.20.

Aura Minerals (TSE:ORA) last announced its earnings results on Monday, August 5th. The company reported C($0.06) EPS for the quarter, missing the consensus estimate of C$0.18 by C($0.24). The business had revenue of C$183.91 million for the quarter. Aura Minerals had a negative return on equity of 11.41% and a negative net margin of 6.61%. Equities research analysts forecast that Aura Minerals Inc. will post 4.2090909 earnings per share for the current fiscal year.

Insider Activity

In other news, Director Glauber Rosa Luvizotto sold 19,300 shares of the company’s 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. Insiders have sold 22,100 shares of company stock valued at $295,478 over the last 90 days. 57.96% of the stock is owned by company insiders.

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.