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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 Mrtkr1on Oct 22, 2021 3:46pm
124 Views
Post# 34038894

RE:ORA trading close to 52wk low

RE:ORA trading close to 52wk lowDips getting bought up nicely. Couple of things to remember. Production for the year will be up over 30%. Gold and silver are flat compared to last year but copper is up 50% and rising! According to the end of last year manager discussion they have enough cash in hand for all capital expenditures. I would not be surprised if EBITDA came over $200 million. Next year should be even more interesting. This correction has nothing materi behind it. Just a good opportunity to buy a bit more every time it dips.
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