Aura Minerals (TSE:ORA) Shares Pass Above 200 Day Moving Average – Here’s What Happened

Shares of Aura Minerals Inc. (TSE:ORA) passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$36.58 and traded as high as C$48.12. Aura Minerals shares last traded at C$45.97, with a volume of 251,753 shares changing hands.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on the company. National Bank Financial upgraded Aura Minerals to a “strong-buy” rating in a report on Wednesday, August 13th. The Goldman Sachs Group upgraded Aura Minerals to a “strong-buy” rating in a report on Monday, October 13th. Two analysts have rated the stock with a Strong Buy rating, According to MarketBeat.com, Aura Minerals currently has a consensus rating of “Strong Buy”.

Aura Minerals Stock Down 3.9%

The stock has a fifty day moving average price of C$44.19 and a two-hundred day moving average price of C$36.58. 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 debt-to-equity ratio of 147.80, a current ratio of 1.13 and a quick ratio of 1.22.

Aura Minerals Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, August 26th. Investors of record on Tuesday, August 26th were issued 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 was Monday, August 18th. Aura Minerals’s dividend payout ratio (DPR) is -108.54%.

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.