Aura Minerals (TSE:ORA) Sets New 12-Month High – Should You Buy?

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

Aura Minerals Stock 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 company has a market cap of C$1.37 billion, a P/E ratio of -30.44 and a beta of 0.59. The stock’s fifty day moving average price is C$17.64 and its two-hundred day moving average price is C$15.98.

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

Aura Minerals Cuts Dividend

The firm also recently announced a Semi-Annual dividend, which was paid on Monday, December 2nd. Shareholders of record on Monday, December 2nd were paid a dividend of $0.24 per share. This represents a yield of 1.37%. The ex-dividend date of this dividend was Friday, November 15th. Aura Minerals’s payout ratio is -154.84%.

Insider Transactions at Aura Minerals

In related news, Senior Officer Joao Kleber Dos Santos Cardoso sold 10,000 shares of the firm’s stock in a transaction on Tuesday, November 19th. The stock was sold at an average price of C$16.15, for a total transaction of C$161,500.00. Company insiders own 57.96% of the company’s stock.

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.