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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 Apr 16, 2021 1:11pm
220 Views
Post# 33011773

Aura33 Hitting new high in Brazil $66.00 BRL $14.74 CDN

Aura33 Hitting new high in Brazil $66.00 BRL $14.74 CDNAura new high in Brazil today $66.00 BRL. This works out to $14.75CDN based on BRL exchage rate of 0.2234.
Market Cap just over $1bl, Forward PE of 4.56 and trailing Div Yld of 7%.
  I still like comparing Aura to K92 Mining Inc "KNT" market cap $1.7bl, forward PE of 16.58 and zero $ Div.
If we had same valuation to K92 we would trade over $50.00. 

K92 does have a lower cost per OZ but currently produces less than 20K oz per quarter VS Aura +60K oz per quarter.
Another difference K92 has a 21yr mine life vs our 7yrs, but Aura is currently producing 3 times more oz's.  
Aura has more exposure to copper prices and still has 90% of its properties to explore/drill and add more OZ's.

Anyone else want to provide a mid tier gold copper producer for comparison ?

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