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Aura Minerals (TSX:ORA) 14-Day RSI : 61.09 (As of Dec. 13, 2024)


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What is Aura Minerals 14-Day RSI?

The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. The RSI is most typically used on a 14-day period, measured on a scale from 0 to 100. Traditionally, an asset is considered overbought or overvalued when the RSI is above 70 and oversold or undervalued when it is below 30.

As of today (2024-12-13), Aura Minerals's 14-Day RSI is 61.09.

The industry rank for Aura Minerals's 14-Day RSI or its related term are showing as below:

TSX:ORA's 14-Day RSI is ranked worse than
87.58% of 2713 companies
in the Metals & Mining industry
Industry Median: 46.98 vs TSX:ORA: 61.09

Competitive Comparison of Aura Minerals's 14-Day RSI

For the Gold subindustry, Aura Minerals's 14-Day RSI, along with its competitors' market caps and 14-Day RSI data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Aura Minerals's 14-Day RSI Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Aura Minerals's 14-Day RSI distribution charts can be found below:

* The bar in red indicates where Aura Minerals's 14-Day RSI falls into.



Aura Minerals  (TSX:ORA) 14-Day RSI Calculation

The formula for calculating RSI is:

RSI=100[ 100 / ( 1 + Average Gain / Average Loss )]

* Note that the formula uses a positive value for the average loss.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Aura Minerals  (TSX:ORA) 14-Day RSI Explanation

The Relative Strength Index (RSI), developed by J. Welles Wilder in his book “New Concepts in Technical Trading Systems.”, is a momentum oscillator that measures the speed and change of price movements. The RSI is most typically used on a 14-day period, measured on a scale from 0 to 100.

Traditionally, an asset is considered overbought or overvalued when the RSI is above 70 and oversold or undervalued when it is below 30. A RSI surpasses the 30 level indicates a bullish sign, when it slides below 70 level, it’s a bearish sign. This level can be adjusted depending on the security’s pattern and the market’s underlying trend. In an uptrend or bullish market, the RSI might range within a higher interval, investors could set the support level higher. If a downtrend or bearish market occurs, investors may need to lower the resistance level.

RSI can also be used in trading techniques to indicate the trading signal, such as Divergences and Swing Rejections.


Aura Minerals 14-Day RSI Related Terms

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Aura Minerals Business Description

Traded in Other Exchanges
Address
255 Giralda Ave, Suite 6W102, Coral Gables, FL, USA, 33134
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 oeprating segments are its operating assets and include the Minosa Mine, the Apoena, the Aranzazu copper-gold-silver mine in Mexico and Almas MI. In addition, the company has additional gold projects in Brazil, Almas and Matupa, one gold project in Colombia, Tolda Fria and other projects such as Borborema and Serra de Estrela. Majority of the revenue for the company is generated from its Aranzazu Mine segment.
Executives
Joao Kleber Dos Santos Cardoso Senior Officer
Glauber Rosa Luvizotto Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Richmond Lee Fenn Director
Paulo Carlos De Brito 10% Security Holder, Director
Northwestern Enterprises Ltd. 10% Security Holder
Rodrigo Cardoso Barbosa Senior Officer
Philip Vincent Reade Director
Monazita Resources Ltd. 10% Security Holder
Stephen Keith Director