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Aura Minerals Inc T.ORA

Alternate Symbol(s):  ORAAF

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

Post by Canadian0620144on Jan 27, 2021 3:02pm
173 Views
Post# 32401185

Price in Brazil AURA33 $60.88 BRL Price in Canada $13.60

Price in Brazil AURA33 $60.88 BRL Price in Canada $13.60 AURA ORA has a disconnect in the trading price last few days current price AURA33 is $60.88BRL and ORA-TSX $13.60CDN price difference is $60.88 x .2365BRLCA = $14.39 -$13.60 = 0.79.  There is a 6% difference in the market price this afternoon. Price on most days finishes near the price in Brazil. I believe AURA is one of the best risk reward mid tier gold copper silver stocks.  Looking forward to AURA starting construction on ALMAS mine, should issue press release soon.
Lot's of production growth this year +20%-+40% 2021 280-300K oz's withought a change in the price of GOLD  if gold stays in the $1,800-$1,900 range AURA will have another fantastic year. The targeted growth of 400K oz/yr by 2024 is a double from 2020 production of just over 200K/oz's. Aura traded over $18 in September and I think is a better investment today. 
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