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Aura Minerals Inc T.ORA

Alternate Symbol(s):  ORAAF

Aura Minerals Inc. is a gold and copper company. The Company is focused on the operation and development of gold and base metal projects in the Americas. The Company's mineral properties include Ernesto/Pau-a-Pique Mine, San Andres Mine, and Aranzazu Mine. Its project in construction includes Almas Project. Its other projects consist of Matupa Project, Borborema Project, Sao Francisco Gold Mine, Tolda Fria Gold Project, and Serra da Estrela Project. The Ernesto/Pau-a-Pique Project (EPP) is in Mato Grosso in Brazil, approximately 450 kilometers (km) west of Cuiaba. The San Andres Mine is an open-pit heap leach gold mine located in the highlands of western Honduras. The Aranzazu Mine is an underground copper mine that is located within the Municipality of Concepcion del Oro in the State of Zacatecas, Mexico. The Almas Project is a gold project located in the state of Tocantins, Brazil. The Matupa Project is a gold project located in the northern part of Mato Grosso, Brazil.


TSX:ORA - Post by User

Post by Canadian0620144on Nov 16, 2020 1:38pm
790 Views
Post# 31907536

Q3 Financials positive growth and earnings

Q3 Financials positive growth and earningsImpressive results and company meeting guidance on all fronts. Only blemish is reverse of income tax credit due to big drop in Mexican Peso. This should be offset by lower US dollar operating costs in Mexico. In the last page of presentation they update the last few brazilian 12 month target price all are 50-75% higher than we are today.  I like the $90 Real target approx $21.60 CDN in the next 12mos.

Link to this mornings Aura 3rd quarter presentation below. 

https://api.mziq.com/mzfilemanager/v2/d/7e088be0-b725-4cba-ab5e-4969a4ac92af/25d2b692-763d-5aa4-9ea9-531510cffeca?origin=1

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