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Bullboard - Stock Discussion Forum 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... see more

TSX:ORA - Post Discussion

Aura Minerals Inc > Second Quarte results 2021
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Post by ExWelder85 on Jul 12, 2021 1:08pm

Second Quarte results 2021

2nd Q results 2021

Total production across Aura’s operations for the second quarter of 2021 was63,020gold equivalent ounces (“GEO”)1, compared to total production of 37,306GEOfor the second quarter of 2020.In the first and second quarters of 2021, total production across Aura’s operations was 129,802 GEO, which was in line with the Company’s expectations. Aura expectsto mine higher grades areas during the second semesterof 2021 in accordance with its mine plan and expects to meet its previously disclosed production guidance.In the twelve months ended June 30,2021, Company's production reached 256,673 GEO, a record in the Company's history.


A bit less than Q1, but another solid quarter.
Comment by Canadian0620144 on Jul 12, 2021 3:37pm
Agree 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 ...more  
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