Aura Minerals Inc T.ORA

Aura Releases its First Quarter 2021 Financial Statements

[Canadian0620144]

Great first quarter start to the year, Aura continues to execute well at all operating mines and is replacing OZ's. 
If Copper price stays over $4.50 could push total GLD oz's production for the year to almost 300K/oz and is lowering cost  per gold oz in Mexico to under $650oz.
Reason for only 0.20 net earnings was the $60ML dividend and not repaying the Gold Road loan added another almost $10ml charge to earnings so with ought the $70ml in one off charges would have had min net per share earnings over $1.00 for the first quarter. 
Net Revenue $116ml US x $1.2087CDN= $140ML CDN / 71.852ml shares = $1.95 share.

Can't blame Aura with all the revenue it makes sense to keep more cash to help finance new Almas mine this year and write off the interest expenses. 

Aura Releases its First Quarter 2021 Financial Statements and Management Discussion and Analysis

Globe Newswire9:22 PM Eastern Daylight Time May 10, 2021

ROAD TOWN, British Virgin Islands, May 10, 2021 (GLOBE NEWSWIRE) -- Aura Minerals, Inc. (“Aura Minerals” or the “Company”) announces today the Company has filed its consolidated financial statements for the quarter ended March 31, 2020 and related management discussion and analysis.

Rodrigo Barbosa, CEO of Aura, comments: “On behalf of the Aura team, I am very pleased to be able to announce these record results for the quarter ended March 31, 2021. The quarter yielded Net Revenues of US$ 116 million and EBITDA of US$ 52 million, continuing our solid growth and performance over the last 3 quarters. We are pleased with the consistent results across our operations over the last nine months since we were able to fully resume all operations following interruptions due to the COVID-19 pandemic. Based on this strong performance and current copper prices, we expect to achieve or exceed our GEO guidance for the year.”