Aura Minerals (TSE:ORA) Sets New 12-Month High – What’s Next?

Aura Minerals Inc. (TSE:ORA)’s stock price reached a new 52-week high on Friday . The company traded as high as C$39.45 and last traded at C$39.02, with a volume of 21492 shares. The stock had previously closed at C$38.62.

Analyst Ratings Changes

Separately, National Bank Financial upgraded shares of Aura Minerals to a “strong-buy” rating in a research report on Wednesday.

Aura Minerals Trading Up 1.0%

The company has a quick ratio of 1.22, a current ratio of 1.13 and a debt-to-equity ratio of 147.80. The stock has a market capitalization of C$2.02 billion, a price-to-earnings ratio of -37.72 and a beta of 0.59. The company’s 50-day moving average is C$35.56 and its 200-day moving average is C$29.05.

Aura Minerals Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, August 26th. Shareholders of record on Tuesday, August 26th will be paid a dividend of $0.33 per share. This represents a $1.32 annualized dividend and a yield of 3.4%. The ex-dividend date of this dividend is Monday, August 18th. Aura Minerals’s dividend payout ratio (DPR) is -92.83%.

Insiders Place Their Bets

In related news, insider Northwestern Enterprises Ltd. bought 15,200 shares of the stock in a transaction on Wednesday, June 11th. The stock was bought at an average price of C$34.27 per share, with a total value of C$520,904.00. 57.96% of the stock is currently owned by company insiders.

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.