Aura Minerals Inc. (TSE:ORA) to Issue Dividend Increase - $0.40 Per Share

Aura Minerals Inc. (TSE:ORA - Get Free Report) announced a quarterly dividend on Tuesday, May 13th, TickerTech Dividends reports. Shareholders of record on Tuesday, May 20th will be given a dividend of 0.40 per share on Tuesday, May 20th. This represents a $1.60 annualized dividend and a yield of 6.20%. The ex-dividend date is Tuesday, May 13th. This is a 60.0% increase from Aura Minerals's previous quarterly dividend of $0.25.

Aura Minerals Price Performance

TSE ORA traded down C$0.37 on Friday, hitting C$25.80. 30,734 shares of the company's stock were exchanged, compared to its average volume of 48,599. The stock has a 50-day moving average of C$26.26 and a 200-day moving average of C$21.36. The company has a current ratio of 1.13, a quick ratio of 1.22 and a debt-to-equity ratio of 147.80. Aura Minerals has a 52 week low of C$11.51 and a 52 week high of C$29.24. The stock has a market cap of C$1.34 billion, a price-to-earnings ratio of -24.95 and a beta of 0.59.

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.