Aura Minerals (TSE:ORA) Share Price Passes Above 200 Day Moving Average - Here's Why

Shares of Aura Minerals Inc. (TSE:ORA - Get Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-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.

Aura Minerals Stock Performance

The company has a debt-to-equity ratio of 147.20, a quick ratio of 1.22 and a current ratio of 1.52. The company has a 50 day moving average price of C$16.15 and a 200 day moving average price of C$13.90. The company has a market capitalization of C$1.16 billion, a PE ratio of -25.84 and a beta of 0.59.

Aura Minerals Cuts Dividend

The business also recently announced a Semi-Annual dividend, which will be paid on Monday, December 2nd. Stockholders of record on Monday, December 2nd will be given a $0.24 dividend. This represents a dividend yield of 1.37%. The ex-dividend date is Friday, November 15th. Aura Minerals's payout ratio is currently -154.84%.

Insiders Place Their Bets

In related news, Director Glauber Rosa Luvizotto sold 19,300 shares of the stock in a transaction dated Thursday, September 5th. The shares were sold at an average price of C$13.97, for a total transaction of C$269,669.25. 57.96% of the stock is currently 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.