Aura Minerals (TSE:ORA) Shares Cross Above Two Hundred Day Moving Average – Here’s Why

Aura Minerals Inc. (TSE:ORA) crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$21.50 and traded as high as C$27.45. Aura Minerals shares last traded at C$27.32, with a volume of 55,243 shares traded.

Aura Minerals Price Performance

The company’s 50 day simple moving average is C$26.38 and its 200 day simple moving average is C$21.50. The company has a current ratio of 1.13, a quick ratio of 1.22 and a debt-to-equity ratio of 147.80. The stock has a market capitalization of C$1.42 billion, a PE ratio of -26.42 and a beta of 0.59.

Aura Minerals Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, May 20th. Stockholders of record on Tuesday, May 20th were issued a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 5.86%. This is an increase from Aura Minerals’s previous quarterly dividend of $0.25. The ex-dividend date was Tuesday, May 13th. Aura Minerals’s dividend payout ratio is presently -92.83%.

Aura Minerals Company Profile

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.