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

Aura Minerals Inc. (TSE:ORA)’s stock price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$21.50 and traded as high as C$27.45. Aura Minerals shares last traded at C$27.32, with a volume of 55,243 shares traded.

Aura Minerals Stock Performance

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 firm has a market capitalization of C$1.42 billion, a price-to-earnings ratio of -26.42 and a beta of 0.59. The stock’s 50 day moving average price is C$26.38 and its two-hundred day moving average price is C$21.50.

Aura Minerals Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, May 20th. Investors of record on Tuesday, May 20th were issued a $0.40 dividend. The ex-dividend date of this dividend was Tuesday, May 13th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 5.86%. This is a boost from Aura Minerals’s previous quarterly dividend of $0.25. Aura Minerals’s dividend payout ratio is currently -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.