Aura Minerals (TSE:ORA) Stock Price Crosses Above Two Hundred Day Moving Average – Time to Sell?

Aura Minerals Inc. (TSE:ORA)’s share price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$13.90 and traded as high as C$16.46. Aura Minerals shares last traded at C$15.87, with a volume of 30,045 shares traded.

Aura Minerals Stock Performance

The company has a debt-to-equity ratio of 147.20, a current ratio of 1.52 and a quick ratio of 1.22. The company has a market cap of C$1.13 billion, a price-to-earnings ratio of -25.84 and a beta of 0.59. The firm has a 50 day simple moving average of C$16.19 and a 200-day simple moving average of C$13.91.

Aura Minerals Cuts Dividend

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

Insider Transactions at Aura Minerals

In other Aura Minerals news, Director Glauber Rosa Luvizotto sold 19,300 shares of the stock in a transaction that occurred on Thursday, September 5th. The shares were sold at an average price of C$13.97, for a total transaction of C$269,669.25. Company insiders own 57.96% of the company’s stock.

About Aura Minerals

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.