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

Shares of Aura Minerals Inc. (TSE:ORA) passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$15.73 and traded as high as C$18.15. Aura Minerals shares last traded at C$18.07, with a volume of 11,195 shares trading hands.

Aura Minerals Stock Down 1.5 %

The firm has a 50-day moving average of C$17.35 and a 200 day moving average of C$15.73. 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$1.31 billion, a price-to-earnings ratio of -29.15 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. Investors of record on Monday, December 2nd were issued a $0.24 dividend. This represents a yield of 1.37%. The ex-dividend date was Friday, November 15th. Aura Minerals’s dividend payout ratio is currently -154.84%.

Insiders Place Their Bets

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 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 owned by corporate 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.