Aura Minerals (TSE:ORA) Stock Passes Above 200 Day Moving Average – Here’s What Happened

Aura Minerals Inc. (TSE:ORA) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$23.13 and traded as high as C$35.87. Aura Minerals shares last traded at C$35.61, with a volume of 138,581 shares trading hands.

Aura Minerals Trading Up 4.6%

The company has a market cap of C$1.84 billion, a P/E ratio of -34.43 and a beta of 0.59. The company has a current ratio of 1.13, a quick ratio of 1.22 and a debt-to-equity ratio of 147.80. The business has a 50 day moving average price of C$28.26 and a 200-day moving average price of C$23.13.

Aura Minerals Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, May 20th. Investors of record on Tuesday, May 20th were issued a dividend of $0.40 per share. The ex-dividend date of this dividend was Tuesday, May 13th. This is a positive change from Aura Minerals’s previous quarterly dividend of $0.25. This represents a $1.60 dividend on an annualized basis and a dividend yield of 4.49%. Aura Minerals’s payout ratio is presently -92.83%.

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.