Aura Minerals (TSE:ORA) Share Price Crosses Above 200 Day Moving Average – Time to Sell?

Aura Minerals Inc. (TSE:ORA)’s stock price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$15.01 and traded as high as C$17.94. Aura Minerals shares last traded at C$17.55, with a volume of 8,042 shares.

Aura Minerals Stock Performance

The stock has a market cap of C$1.27 billion, a P/E ratio of -28.31 and a beta of 0.59. The company has a current ratio of 1.52, a quick ratio of 1.22 and a debt-to-equity ratio of 147.20. The stock has a 50 day simple moving average of C$17.16 and a 200 day simple moving average of C$15.05.

Aura Minerals Cuts Dividend

The business also recently declared a Semi-Annual dividend, which was paid on Monday, December 2nd. Investors of record on Monday, December 2nd were paid a $0.24 dividend. This represents a yield of 1.37%. The ex-dividend date of this dividend was Friday, November 15th. Aura Minerals’s dividend payout ratio (DPR) is presently -154.84%.

Insider Buying and Selling

In other Aura Minerals news, Senior Officer Joao Kleber Dos Santos Cardoso sold 10,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 19th. The shares were sold at an average price of C$16.15, for a total transaction of C$161,500.00. 57.96% of the stock is currently owned by company insiders.

Aura Minerals Company Profile

Aura Minerals Inc, a gold and copper production company, focuses on the development and operation of gold and base metal projects in the Americas. It operates through Minosa Mine, Apoena Mines, The Aranzazu Mine, Corporate, Almas, and Projects segments. The company primarily explores for gold and copper in Brazil, Mexico, and Honduras.