Aura Minerals (TSE:ORA) Stock Passes Above 200-Day Moving Average – Time to Sell?

Aura Minerals Inc. (TSE:ORA) shares passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$43.71 and traded as high as C$48.12. Aura Minerals shares last traded at C$45.97, with a volume of 251,753 shares traded.

Analyst Ratings Changes

Separately, The Goldman Sachs Group raised shares of Aura Minerals to a “strong-buy” rating in a research note on Monday, October 13th. Two equities research analysts have rated the stock with a Strong Buy rating, According to data from MarketBeat, the company currently has an average rating of “Strong Buy”.

Aura Minerals Stock Performance

The company has a market cap of C$3.84 billion, a P/E ratio of -56.06 and a beta of 1.19. The business has a 50 day moving average price of C$45.97 and a two-hundred day moving average price of C$43.71. The company has a debt-to-equity ratio of 147.80, a quick ratio of 1.22 and a current ratio of 1.13.

Aura Minerals Company Profile

Aura Minerals Inc is a mid-tier gold and copper production company focused on the development and operation of gold and base metal projects in the Americas. The company’s producing assets include the San Andres gold mine in Honduras, the Ernesto/Paua -Pique gold mine in Brazil, the Aranzazu copper-gold-silver mine in Mexico and the Gold Road mine in the United States. In addition, the company has two additional gold projects in Brazil, Almas and Matupa, and one gold project in Colombia, Tolda Fria.