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

Aura Minerals Inc. (TSE:ORA) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$43.71 and traded as high as C$48.12. Aura Minerals shares last traded at C$45.97, with a volume of 251,753 shares.

Wall Street Analysts Forecast Growth

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

Aura Minerals Price Performance

The company has a market capitalization of C$3.84 billion, a PE ratio of -56.06 and a beta of 1.19. 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 firm’s 50-day moving average is C$45.97 and its 200-day moving average is C$43.71.

Aura Minerals Company Profile

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.