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

Shares of Aura Minerals Inc. (TSE:ORA) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$15.39 and traded as high as C$17.89. Aura Minerals shares last traded at C$17.89, with a volume of 34,332 shares trading hands.

Aura Minerals Trading Up 5.2 %

The company has a debt-to-equity ratio of 147.20, a quick ratio of 1.22 and a current ratio of 1.52. The stock has a market capitalization of C$1.29 billion, a PE ratio of -28.85 and a beta of 0.59. The stock has a 50-day moving average price of C$17.27 and a two-hundred day moving average price of C$15.39.

Aura Minerals Cuts Dividend

The firm also recently announced a Semi-Annual dividend, which was paid on Monday, December 2nd. Investors of record on Monday, December 2nd were paid 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 (DPR) is presently -154.84%.

Insider Activity at Aura Minerals

In related news, Senior Officer Joao Kleber Dos Santos Cardoso sold 10,000 shares of Aura Minerals stock in a transaction that occurred on Tuesday, November 19th. The stock was 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.

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.