Aura 0.83US a share Dividend yield 7.7%Lets see if this wakes up Canadian gold investors, l was expecting 0.25 +34% over last years dividend, the 0.83 US is $1.05 CDN per share as of today this is15X more than last years dividend 0.07.
At $1,700US OZ gold and over $4.00 pound copper, the board must be feeling very good about Aura's cash flow position for this year.
The yield of 7.7% is based on $0.83 US X 1.2458CDN=$1.05CDN/$13.70 Aura share price = 7.7% Dividend Yield as of today. Using 2020 year end Aura share price of $14.85 the $1.05CDN div yield is 7%.
It would be great if managment could provide a dividend forcast for next year in April, based on forward estimates for 2021.