Aura Minerals (TSE:ORA) Sets New 52-Week High – Here’s Why

Shares of Aura Minerals Inc. (TSE:ORA) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as C$23.25 and last traded at C$23.15, with a volume of 8710 shares traded. The stock had previously closed at C$22.90.

Aura Minerals Stock Up 5.5 %

The company has a current ratio of 1.13, a quick ratio of 1.22 and a debt-to-equity ratio of 147.80. The company has a market cap of C$1.25 billion, a price-to-earnings ratio of -23.35 and a beta of 0.59. The stock has a 50-day simple moving average of C$20.13 and a 200-day simple moving average of C$17.66.

Aura Minerals Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, March 14th will be issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 4.14%. The ex-dividend date is Thursday, March 6th. Aura Minerals’s dividend payout ratio is -92.83%.

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.