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Aura Minerals Inc T.ORA

Alternate Symbol(s):  ORAAF

Metals & Mining Gold
Aura Minerals Inc. is a mid-tier gold and copper production company. The Company is focused on operating and developing gold and base metal projects in the Americas. It has four operating mines, including the Aranzazu copper-gold-silver mine in Mexico, the Ernesto/Pau-a-Pique Project (EPP) and Almas gold mines in Brazil, and the San Andres gold mine in Honduras. The Company’s development projects include Borborema and Matupa, both in Brazil. It has unmatched exploration potential, owning over 650,000 hectares of mineral rights and focuses on advancing multiple near-mine and regional targets along with the Serra da Estrela copper project in the prolific Carajas region of Brazil. The Company has the right to explore the Pe Quente and Pezao Projects in the State of Mato Grosso, Brazil. 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 San Andres Mine is an open-pit heap leach gold mine.


TSX:ORA - Post by User

Aura Minerals Inc > Financials should be released next week
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Comment by Canadian0620144on Nov 10, 2020 3:20am
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Post# 31868514

RE:Financials should be released next week

RE:Financials should be released next week Aura quarterly Financials will be released this Friday Oct 14th after market closing, conference call will be held Monday to review results. Brazilian institutional Secondary offering of 1.8ml shares priced yesterday at $48.50 Brazilian. Approximately $12.10 Canadian. No proceeds will go to Aura. Hopefully we will get an update on when construction of new Alma’s mine will start in 2021 and updated production guidance. Comments on new drilling results and a commercial production announcement for Gold Road.  Lack of new information is holding share price down, it’s possible institutional shareholders have shorted/hedged own shares in anticipation of the institutional Secondary offering.  

 
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