Aura Minerals (TSE:ORA) Upgraded at National Bank Financial

National Bank Financial upgraded shares of Aura Minerals (TSE:ORA) to a strong-buy rating in a research note published on Wednesday morning,Zacks.com reports. National Bank Financial also issued estimates for Aura Minerals’ FY2027 earnings at $6.38 EPS.

Aura Minerals Price Performance

ORA stock opened at C$39.01 on Wednesday. The firm’s 50-day moving average price is C$35.56 and its two-hundred day moving average price is C$28.97. Aura Minerals has a 12-month low of C$12.69 and a 12-month high of C$39.54. The stock has a market capitalization of C$2.02 billion, a price-to-earnings ratio of -37.72 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.

Aura Minerals Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, August 26th. Investors of record on Tuesday, August 26th will be given a dividend of $0.33 per share. The ex-dividend date is Monday, August 18th. This represents a $1.32 annualized dividend and a dividend yield of 3.4%. Aura Minerals’s payout ratio is currently -92.83%.

Insider Activity

In related news, insider Northwestern Enterprises Ltd. purchased 15,200 shares of Aura Minerals stock in a transaction that occurred on Wednesday, June 11th. The shares were bought 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 corporate insiders.

Aura Minerals Company Profile

Aura Minerals Inc is a mid-tier gold and copper production company focused on the development and operation of gold and base metal projects in the Americas. The company’s producing assets include the San Andres gold mine in Honduras, the Ernesto/Paua -Pique gold mine in Brazil, the Aranzazu copper-gold-silver mine in Mexico and the Gold Road mine in the United States.