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. Stockholders of record on Tuesday, May 20th will be paid a dividend of 0.40 per share on Tuesday, May 20th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 6.20%. The ex-dividend date of this dividend is Tuesday, May 13th. This is a 60.0% increase from Aura Minerals's previous quarterly dividend of $0.25.

Aura Minerals Stock Performance

Shares of TSE:ORA traded down C$0.37 on Friday, reaching C$25.80. The company's stock had a trading volume of 30,734 shares, compared to its average volume of 48,599. The stock's 50-day moving average is C$26.26 and its two-hundred day moving average is C$21.33. Aura Minerals has a 52-week low of C$11.51 and a 52-week high of C$29.24. The company has a debt-to-equity ratio of 147.80, a current ratio of 1.13 and a quick ratio of 1.22. The stock has a market capitalization of C$1.34 billion, a P/E 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.