Aura Minerals (TSE:ORA) Share Price Passes Above 200 Day Moving Average – Here’s Why

Shares of Aura Minerals Inc. (TSE:ORA) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$44.21 and traded as high as C$48.12. Aura Minerals shares last traded at C$45.97, with a volume of 251,753 shares traded.

Aura Minerals Stock Performance

The company has a debt-to-equity ratio of 147.80, a quick ratio of 1.22 and a current ratio of 1.13. The stock has a 50-day moving average of C$45.97 and a 200-day moving average of C$44.28. The firm has a market cap of C$3.84 billion, a price-to-earnings ratio of -56.06 and a beta of 1.19.

About Aura Minerals

Aura Minerals Inc is a mid-tier gold and copper production company focused on the development and operation of gold and base metal projects in the Americas. The company’s producing assets include the San Andres gold mine in Honduras, the Ernesto/Paua -Pique gold mine in Brazil, the Aranzazu copper-gold-silver mine in Mexico and the Gold Road mine in the United States. In addition, the company has two additional gold projects in Brazil, Almas and Matupa, and one gold project in Colombia, Tolda Fria.