Aura Minerals Inc T.ORA

Q3 Financials positive growth and earnings

[Canadian0620144]

Impressive results and company meeting guidance on all fronts. Only blemish is reverse of income tax credit due to big drop in Mexican Peso. This should be offset by lower US dollar operating costs in Mexico. In the last page of presentation they update the last few brazilian 12 month target price all are 50-75% higher than we are today.  I like the $90 Real target approx $21.60 CDN in the next 12mos.

Link to this mornings Aura 3rd quarter presentation below. 

https://api.mziq.com/mzfilemanager/v2/d/7e088be0-b725-4cba-ab5e-4969a4ac92af/25d2b692-763d-5aa4-9ea9-531510cffeca?origin=1

[toppgunn]

Yes, an optimistic target price of 21.60 from the presentation.  Myself, targeting 20-25 dollars over the last year but more than content with low end.  Overall gold sector has been weak or been consoladating since the highs in July/August.  Jan to March are typically good months for gold based on seasonality, time will tell if this starts to trend up.  

[Canadian0620144]

Aura Needs to improve Canadian investor relationships the news releases have been poorly written and do not provide enough financial details ie 0.38 a share earnings in the latest quarter, forcing investors to Aura website that is excellent, but not how information is typically presented to clients in Canada.  They should look at news release of other Canadian listed mines they provide far

[toppgunn]

Good comments.   I still strongly believe need some momentum for the gold sector for Aura and gold stocks to trend up.  There has been a good correction in gold over the last month and most companies are down or flat at best.  The uptrend seemed to stop for the majority of gold companies back in August.   At the moment, gold consolodating overall.  We just have