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

Aura Minerals Inc. (TSE:ORA) shares passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$39.85 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.

Analyst Ratings Changes

A number of research analysts have weighed in on ORA shares. National Bank Financial raised shares of Aura Minerals to a “strong-buy” rating in a research report on Wednesday, August 13th. The Goldman Sachs Group upgraded Aura Minerals to a “strong-buy” rating in a research note on Monday, October 13th. Two investment analysts have rated the stock with a Strong Buy rating, Based on data from MarketBeat, the company has an average rating of “Strong Buy”.

Aura Minerals Stock Performance

The firm’s fifty day moving average price is C$46.06 and its 200-day moving average price is C$39.85. The company has a market cap of C$3.84 billion, a P/E ratio of -56.06 and a beta of 1.19. The company has a current ratio of 1.13, a quick ratio of 1.22 and a debt-to-equity ratio of 147.80.

About Aura Minerals

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.