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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

Comment by Canadian0620144on Jul 12, 2021 3:37pm
145 Views
Post# 33530801

RE:Second Quarte results 2021

RE:Second Quarte results 2021Agree solid second quarter for Aura, defiently on target to produce over 260K oz's. Company has guided to better second half for mining grades for Q3 and Q4 which should provide more oz's.  All we need now is government approval to start Almas construction and a quick resolution to small protest at Honduras mine.  Still think we should be trading at 10-11PE not 7.5PE forward PE is 4.5.  Company still needs to a better job of attracting institutional investors nice to see Caisse de Depot et Placement du Quebec taking up a small 216K share postion in December 2020. My guess institutions are interested in seeing an update on new mine construction and drilling results. If gold holds above $1,800 and Copper over $4.25 expect ORA to be over $20.00 before year end.  Strong CDN $$ has also lowered share price around 8% last 52wks.  
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