Aura Minerals (TSE:ORA) Share Price Crosses Above 200-Day Moving Average – Should You Sell?

Aura Minerals Inc. (TSE:ORA) crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$42.96 and traded as high as C$48.12. Aura Minerals shares last traded at C$45.97, with a volume of 251,753 shares.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group raised Aura Minerals to a “strong-buy” rating in a research note on Monday, October 13th. Two equities research analysts have rated the stock with a Strong Buy rating, According to MarketBeat, the company has a consensus rating of “Strong Buy”.

Aura Minerals Price Performance

The company 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 price is C$45.97 and its 200 day moving average price is C$42.96. The company has a current ratio of 1.13, a quick ratio of 1.22 and a debt-to-equity ratio of 147.80.

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. In addition, the company has two additional gold projects in Brazil, Almas and Matupa, and one gold project in Colombia, Tolda Fria.