Aura Minerals (TSE:ORA) Reaches New 52-Week High - Should You Buy?

Aura Minerals Inc. (TSE:ORA - Get Free Report)'s stock price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as C$31.51 and last traded at C$31.17, with a volume of 66068 shares trading hands. The stock had previously closed at C$29.86.

Aura Minerals Stock Up 9.0%

The stock has a 50 day simple moving average of C$27.18 and a 200-day simple moving average of C$22.35. The firm has a market cap of C$1.76 billion, a PE ratio of -32.88 and a beta of 0.59. The company has a debt-to-equity ratio of 147.80, a current ratio of 1.13 and a quick ratio of 1.22.

Aura Minerals Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, May 20th. Stockholders of record on Tuesday, May 20th were paid a $0.40 dividend. The ex-dividend date of this dividend was Tuesday, May 13th. This represents a $1.60 annualized dividend and a dividend yield of 4.71%. This is a boost from Aura Minerals's previous quarterly dividend of $0.25. Aura Minerals's payout ratio is currently -92.83%.

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.