Aura Minerals (TSE:ORA) Hits New 52-Week High – Still a Buy?

Aura Minerals Inc. (TSE:ORA)’s stock price reached a new 52-week high during trading on Friday . The company traded as high as C$16.83 and last traded at C$16.73, with a volume of 17520 shares traded. The stock had previously closed at C$15.91.

Aura Minerals Trading Up 5.3 %

The company has a 50 day moving average of C$14.69 and a 200 day moving average of C$13.03. The company has a current ratio of 1.52, a quick ratio of 1.22 and a debt-to-equity ratio of 147.20. The firm has a market cap of C$1.21 billion, a price-to-earnings ratio of -25.66 and a beta of 0.59.

Aura Minerals (TSE:ORA) last released its earnings results on Monday, August 5th. The company reported C($0.06) EPS for the quarter, missing the consensus estimate of C$0.18 by C($0.24). The firm had revenue of C$183.91 million during the quarter. Aura Minerals had a negative net margin of 6.61% and a negative return on equity of 11.41%. As a group, research analysts anticipate that Aura Minerals Inc. will post 4.2025641 EPS for the current year.

Insider Transactions at Aura Minerals

In related news, Director Glauber Rosa Luvizotto sold 19,300 shares of the business’s stock in a transaction that occurred on Thursday, September 5th. The shares were sold at an average price of C$13.97, for a total transaction of C$269,669.25. 57.96% of the stock is owned by corporate insiders.

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.