Aura Minerals (TSE:ORA) Stock Price Crosses Above Two Hundred Day Moving Average – Time to Sell?

Aura Minerals Inc. (TSE:ORA)’s share price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$23.96 and traded as high as C$37.58. Aura Minerals shares last traded at C$37.02, with a volume of 3,836 shares changing hands.

Aura Minerals Stock Performance

The firm’s fifty day moving average price is C$29.85 and its 200-day moving average price is C$23.96. 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 cap of C$1.92 billion, a price-to-earnings ratio of -35.80 and a beta of 0.59.

Aura Minerals Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, May 20th. Investors of record on Tuesday, May 20th were given a $0.40 dividend. This is an increase from Aura Minerals’s previous quarterly dividend of $0.25. The ex-dividend date was Tuesday, May 13th. This represents a $1.60 annualized dividend and a yield of 4.32%. Aura Minerals’s dividend payout ratio is -92.83%.

Insider Activity at Aura Minerals

In other Aura Minerals news, insider Northwestern Enterprises Ltd. purchased 15,200 shares of Aura Minerals stock in a transaction that occurred on Wednesday, June 11th. The stock was purchased at an average price of C$34.27 per share, for a total transaction of C$520,904.00. 57.96% of the stock is owned by 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.