Aura Minerals (TSE:ORA) Sets New 1-Year High – Time to Buy?

Aura Minerals Inc. (TSE:ORA) shares hit a new 52-week high during mid-day trading on Friday . The company traded as high as C$16.50 and last traded at C$16.30, with a volume of 19731 shares changing hands. The stock had previously closed at C$15.70.

Analyst Upgrades and Downgrades

Separately, National Bankshares increased their price objective on shares of Aura Minerals from C$15.00 to C$16.00 and gave the company an “outperform” rating in a report on Monday, June 10th.

Aura Minerals Stock Up 4.4 %

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 stock has a market capitalization of C$1.19 billion, a P/E ratio of -26.44 and a beta of 0.59. The business has a 50-day moving average price of C$14.29 and a 200 day moving average price of C$12.69.

Aura Minerals (TSE:ORA) last posted its earnings results on Monday, August 5th. The company reported C($0.06) EPS for the quarter, missing analysts’ consensus estimates of C$0.18 by C($0.24). The firm had revenue of C$183.91 million for the quarter. Aura Minerals had a negative net margin of 6.61% and a negative return on equity of 11.41%. On average, equities analysts expect that Aura Minerals Inc. will post 4.2025641 EPS for the current fiscal year.

Insider Activity

In other news, Director Glauber Rosa Luvizotto sold 19,300 shares of the stock in a transaction that occurred on Thursday, September 5th. The stock was sold at an average price of C$13.97, for a total transaction of C$269,669.25. Corporate insiders own 57.96% of the company’s stock.

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.