Aura Minerals (TSE:ORA) Share Price Crosses Above 200-Day Moving Average – Here’s What Happened

Shares of Aura Minerals Inc. (TSE:ORA) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred 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 trading hands.

Aura Minerals Stock Down 0.8 %

The business’s 50 day simple moving average is C$17.33 and its 200 day simple moving average is C$15.26. 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 firm has a market capitalization of C$1.29 billion, a PE ratio of -28.71 and a beta of 0.59.

Aura Minerals Cuts Dividend

The business also recently declared a Semi-Annual dividend, which was paid on Monday, December 2nd. Investors of record on Monday, December 2nd were given 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 currently -154.84%.

Insiders Place Their Bets

In other Aura Minerals news, Senior Officer Joao Kleber Dos Santos Cardoso sold 10,000 shares of Aura Minerals 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.

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.