Aura Minerals (TSE:ORA) Stock Passes Above 200-Day Moving Average – Should You 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$15.01 and traded as high as C$17.94. Aura Minerals shares last traded at C$17.55, with a volume of 8,042 shares traded.

Aura Minerals Trading Down 0.6 %

The company’s 50 day simple moving average is C$17.12 and its 200-day simple moving average is C$15.01. The firm has a market cap of C$1.27 billion, a P/E ratio of -28.31 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 firm also recently declared a Semi-Annual dividend, which was paid on Monday, December 2nd. Investors of record on Monday, December 2nd were paid a dividend of $0.24 per share. This represents a dividend yield of 1.37%. The ex-dividend date of this dividend was Friday, November 15th. Aura Minerals’s dividend payout ratio is currently -154.84%.

Insider Activity at Aura Minerals

In other Aura Minerals news, Senior Officer Joao Kleber Dos Santos Cardoso sold 10,000 shares of the company’s stock in a transaction dated Tuesday, November 19th. The shares were sold at an average price of C$16.15, for a total value of C$161,500.00. 57.96% of the stock is owned by company insiders.

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.