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

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$15.24 and traded as high as C$17.95. Aura Minerals shares last traded at C$17.95, with a volume of 51,590 shares trading hands.

Aura Minerals Stock Performance

The firm has a 50 day moving average of C$17.33 and a 200-day moving average of C$15.26. The company has a market cap of C$1.29 billion, a P/E ratio of -28.71 and a beta of 0.59. The company has a quick ratio of 1.22, a current ratio of 1.52 and a debt-to-equity ratio of 147.20.

Aura Minerals Cuts Dividend

The company also recently declared a Semi-Annual dividend, which was paid on Monday, December 2nd. Stockholders of record on Monday, December 2nd were given a dividend of $0.24 per share. This represents a dividend yield of 1.37%. The ex-dividend date was Friday, November 15th. Aura Minerals’s payout ratio is -154.84%.

Insider Activity

In related news, Senior Officer Joao Kleber Dos Santos Cardoso sold 10,000 shares of Aura Minerals 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. 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.