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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 KozmoTon Oct 22, 2021 2:08pm
101 Views
Post# 34038367

RE:RE:ORA trading close to 52wk low

RE:RE:ORA trading close to 52wk lowI added more this morning at $11.70, everything about this stock looks promising, especially as metal prices creep back up, AND they are doling out an 8% dividend! There's a 12 month target avg price of $20.94 ...

"The commodities boom helped Aura Minerals and 13 others in the mining industry to dominate this year’s annual ranking. Besides the incredible performance, the top growth stock in 2021 pays an over-the-top 8.2% dividend. 

Furthermore, the total return to prospective investors should be much higher if the price forecasts are correct. Market analysts see a return potential of 65.27%. Their 12-month average target is $20.94 from the current share price of $12.67. The maximum target is $24.98.

Aura investors received more good news on October 11, 2021. The company reported a 7% increase in total gold production in Q3 2021 versus Q3 2020. According to its president and CEO Rodrigo Barbosa, Aura expects to achieve higher production volumes in Q4 2021. Also, further increases in total production looms in the near future, says Barbosa."

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