Aura Minerals (TSE:ORA) Share Price Passes Above Two Hundred Day Moving Average – Here’s Why

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$33.92 and traded as high as C$48.12. Aura Minerals shares last traded at C$45.97, with a volume of 251,753 shares trading hands.

Analyst Upgrades and Downgrades

Separately, National Bank Financial raised Aura Minerals to a “strong-buy” rating in a research report on Wednesday, August 13th. One investment analyst has rated the stock with a Strong Buy rating, Based on data from MarketBeat, the stock presently has an average rating of “Strong Buy”.

Aura Minerals Stock Performance

The company has a debt-to-equity ratio of 147.80, a quick ratio of 1.22 and a current ratio of 1.13. The company has a 50 day moving average price of C$40.41 and a 200 day moving average price of C$33.92. The company has a market capitalization of C$3.84 billion, a price-to-earnings ratio of -56.06 and a beta of 1.19.

Aura Minerals Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, August 26th. Shareholders of record on Tuesday, August 26th were given a dividend of $0.33 per share. The ex-dividend date of this dividend was Monday, August 18th. This represents a $1.32 annualized dividend and a dividend yield of 2.9%. Aura Minerals’s dividend payout ratio (DPR) is currently -108.54%.

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.