Aura Minerals (TSE:ORA) Shares Cross Above 200 Day Moving Average – Here’s Why

Shares of Aura Minerals Inc. (TSE:ORA) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$12.88 and traded as high as C$15.73. Aura Minerals shares last traded at C$15.40, with a volume of 9,900 shares traded.

Aura Minerals Price Performance

The company has a debt-to-equity ratio of 147.20, a quick ratio of 1.22 and a current ratio of 1.52. The business has a 50 day moving average price of C$14.46 and a 200-day moving average price of C$12.88. The company has a market capitalization of C$1.11 billion, a price-to-earnings ratio of -24.84 and a beta of 0.59.

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

Insider Buying and Selling

In other Aura Minerals news, Director Glauber Rosa Luvizotto sold 19,300 shares of Aura Minerals stock in a transaction on Thursday, September 5th. The shares were sold at an average price of C$13.97, for a total value of C$269,669.25. 57.96% of the stock is owned by insiders.

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.