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

Aura Minerals Inc. (TSE:ORAGet Free Report) hit a new 52-week high on Friday . The company traded as high as C$29.30 and last traded at C$29.21, with a volume of 39543 shares traded. The stock had previously closed at C$28.21.

Aura Minerals Stock Performance

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 capitalization of C$1.50 billion, a PE ratio of -27.95 and a beta of 0.59. The business’s fifty day moving average is C$26.56 and its two-hundred day moving average is C$21.70.

Aura Minerals Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, May 20th. Shareholders of record on Tuesday, May 20th were given a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 5.54%. The ex-dividend date was Tuesday, May 13th. This is an increase from Aura Minerals’s previous quarterly dividend of $0.25. Aura Minerals’s payout ratio is -92.83%.

About Aura Minerals

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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.

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