Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Mrtkr1on Feb 25, 2022 7:48pm
194 Views
Post# 34463622

Q4 financials and Year End posted!

Q4 financials and Year End posted!Great turn around from Q3. Here are a few highlights: - Record year in production with 32% increase over 2020. - Record quarter in production for Aranzazu and San Andres. - Record high revenue - $116.3 million revenue for Q4. That's 16% better then Q3 21 and also Q420. - imroved profitability with $55.9 million in gross margin. -11% higher EBITDA compared to same Q in 2020 and 54% better compared to last Q - Net revenues improved 48% compared to 2020 even after the issues with gold road, San Andres closure in July and strong inflationary head winds. - $0.31 profit per share in Q4 compared to a loss of $0.22 in Q3. - net realized gold price of $1759 and gross realized gold price of $1825. - Q4 results were strong enough that the cash position was unchanged even after paying a $25million dividend, taxes and repayment of the Pandion debt associated with gold road. What could be improved in 2022 is cash cost. Cash cost for 2021 was at $812. With out gold road it would be at $764. Definitely a very good decision to stop investing in gold road.
<< Previous
Bullboard Posts
Next >>