Aura Minerals (TSE:ORA) Share Price Crosses Above 200-Day Moving Average – Should You Sell?

Shares of Aura Minerals Inc. (TSE:ORA) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$42.96 and traded as high as C$48.12. Aura Minerals shares last traded at C$45.97, with a volume of 251,753 shares traded.

Analyst Ratings Changes

Separately, The Goldman Sachs Group raised Aura Minerals to a “strong-buy” rating in a report on Monday, October 13th. Two equities research analysts have rated the stock with a Strong Buy rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Strong Buy”.

Aura Minerals Trading Down 3.9%

The firm has a market cap of C$3.84 billion, a PE ratio of -56.06 and a beta of 1.19. The company has a debt-to-equity ratio of 147.80, a current ratio of 1.13 and a quick ratio of 1.22. The business has a 50-day moving average price of C$45.97 and a two-hundred day moving average price of C$42.96.

About Aura Minerals

Aura Minerals Inc is a mid-tier gold and copper production company focused on the development and operation of gold and base metal projects in the Americas. The company’s producing assets include the San Andres gold mine in Honduras, the Ernesto/Paua -Pique gold mine in Brazil, the Aranzazu copper-gold-silver mine in Mexico and the Gold Road mine in the United States. In addition, the company has two additional gold projects in Brazil, Almas and Matupa, and one gold project in Colombia, Tolda Fria.