Aura Minerals (TSE:ORA) Stock Price Passes Above Two Hundred Day Moving Average – Should You Sell?

Aura Minerals Inc. (TSE:ORA)’s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$15.24 and traded as high as C$17.95. Aura Minerals shares last traded at C$17.95, with a volume of 51,590 shares changing hands.

Aura Minerals Trading Up 1.4 %

The business has a 50 day simple moving average of C$17.32 and a 200 day simple moving average of C$15.24. The company has a debt-to-equity ratio of 147.20, a current ratio of 1.52 and a quick ratio of 1.22. The company has a market cap of C$1.30 billion, a price-to-earnings ratio of -28.95 and a beta of 0.59.

Aura Minerals Cuts Dividend

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

Insider Activity

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