Aura Minerals (TSE:ORA) Stock Crosses Above Two Hundred Day Moving Average – Here’s What Happened

Aura Minerals Inc. (TSE:ORA) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$34.74 and traded as high as C$48.12. Aura Minerals shares last traded at C$45.97, with a volume of 251,753 shares traded.

Wall Street Analysts Forecast Growth

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

Aura Minerals Trading Down 3.9%

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 firm has a market cap of C$3.84 billion, a price-to-earnings ratio of -56.06 and a beta of 1.19. The company’s 50-day moving average is C$41.91 and its 200-day moving average is C$34.74.

Aura Minerals Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, August 26th. Investors of record on Tuesday, August 26th were paid a dividend of $0.33 per share. This represents a $1.32 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date of this dividend was Monday, August 18th. Aura Minerals’s dividend payout ratio is presently -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.