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

Shares of Aura Minerals Inc. (TSE:ORA) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-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 changing hands.

Aura Minerals Price Performance

The company has a current ratio of 1.52, a quick ratio of 1.22 and a debt-to-equity ratio of 147.20. The firm has a market capitalization of C$1.27 billion, a price-to-earnings ratio of -28.31 and a beta of 0.59. The company’s 50 day moving average is C$17.16 and its 200-day moving average is C$15.05.

Aura Minerals Cuts Dividend

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

Insider Buying and Selling

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