Aura Minerals Inc T.ORA

ORA trading close to 52wk low

[Canadian0620144]

Aura is producing +20% above last year and has been replacing and increasing reserves to plan. One reason for the low share price is the drop in the brazilian currency it has lost over 10% from start of September.  Crazy to not value based on the price of gold/copper is US $$ and production to date. Any other thoughts out there ?

[mitchcrazy]

I've been wondering this same thing. Seems like this stock is completely detached from the price of gold/copper. Not sure how much longer I can hold on this one. 

[Canadian0620144]

I have held it for over 10 years. Was in back in the Rio Novo days. Best to buy low sell high :)) PS) I didn't sell any this year. Still sitting on an excellent return. I have faith they will be over 400K oz/yr end of 2024. They get very little coverage in Canada. Last time hit under $12 was back over $17 two months later. I'm not sure why the sell off, my main concern is Almas delay on

[Mrtkr1]

Unfortunately volume hurts Ora. It's down just over 23% in 3 months. If you examine the trade history, it looks like someone is selling their shares and knocking down the price. Once the price is down they buy back their shares. If the volume was high, no one would do this as it would be impossible to re-enter at a lower price. This tactic however will only work for a limited time. I am sure

[KozmoT]

I 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

[Mrtkr1]

Dips 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.

[KozmoT]

Even if the projection was totally flat and SP not expected to budge for a year ... it STILL PAYS AN 8.5% DIVIDEND.  As for buying on the dips - I got really lucky this morning, would love to say I planned it that way but I'd be lying.

[Canadian0620144]

Just a reminder Aura dosn't pay a 8.5% dividend every year. The board sets the dividend payment at the end of each year with the expectation to pay min 20% of after tax earnings. Last year Aura paid out just over $1.00 CDN was more than the 20%, I think of it as a special div hopefully it grows every year.  Markets still not giving much love to Aura down -11.7% last 52wks on +20% increase

[Mrtkr1]

The price action clearly shows this is being shaken and weak hands are folding. Every day it gets hit hard in the start only to make significant recovery in the last hour. Why people are selling knowing this is a mystery to me.

[Mrtkr1]

[Mrtkr1]

241 Shares bring the price down from $11.80 to $11.67. I predict in 2 weeks the price will start moving up. Until then we will see this base imo

[InTheGreen14]

You know when you're looking at stock charts and thinking damn I could of bought in when it was $___  just a few ____ ago. I feel like that opportunity is now for ORA. We'll see

[Kylemcc10]

I agree. This is so cheap rn