Aura Minerals (TSE:ORA) Stock Passes Above 200-Day Moving Average – Should You Sell?

Aura Minerals Inc. (TSE:ORA) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$15.01 and traded as high as C$17.94. Aura Minerals shares last traded at C$17.55, with a volume of 8,042 shares traded.

Aura Minerals Trading Down 0.6 %

The company has a quick ratio of 1.22, a current ratio of 1.52 and a debt-to-equity ratio of 147.20. The stock’s 50 day moving average price is C$17.12 and its 200-day moving average price is C$15.01. The stock has a market capitalization of C$1.27 billion, a PE ratio of -28.31 and a beta of 0.59.

Aura Minerals Cuts Dividend

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

Insider Activity

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

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.