Aura Minerals (TSE:ORA) Reaches New 1-Year High – Here’s What Happened

Aura Minerals Inc. (TSE:ORA)’s share price hit a new 52-week high during mid-day trading on Friday . The company traded as high as C$19.00 and last traded at C$18.95, with a volume of 38674 shares trading hands. The stock had previously closed at C$18.74.

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 company has a 50 day simple moving average of C$17.64 and a 200 day simple moving average of C$15.98. The stock has a market cap of C$1.37 billion, a P/E ratio of -30.44 and a beta of 0.59.

Aura Minerals (TSE:ORA) last announced its earnings results on Monday, November 4th. The company reported C$0.82 EPS for the quarter, topping the consensus estimate of C$0.62 by C$0.20. Aura Minerals had a negative net margin of 6.61% and a negative return on equity of 11.41%. Sell-side analysts forecast that Aura Minerals Inc. will post 4.2025641 earnings per share for the current fiscal year.

Aura Minerals Cuts Dividend

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