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Aura Minerals Inc. (ORA.TO)

Toronto - Toronto Real Time Price. Currency in CAD
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14.00-0.10 (-0.71%)
At close: 4:00PM EST
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Previous Close14.10
Open14.00
Bid13.49 x 0
Ask14.00 x 0
Day's Range13.35 - 14.10
52 Week Range1.47 - 18.30
Volume130,910
Avg. Volume17,357
Market Cap990.395M
Beta (5Y Monthly)0.28
PE Ratio (TTM)22.80
EPS (TTM)0.61
Earnings DateNov. 13, 2020
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateDec. 24, 2019
1y Target EstN/A
  • Aura Minerals Comments on Impacts of Hurricanes Eta and Iota at San Andres Mine
    GlobeNewswire

    Aura Minerals Comments on Impacts of Hurricanes Eta and Iota at San Andres Mine

    ROAD TOWN, British Virgin Islands, Nov. 24, 2020 (GLOBE NEWSWIRE) -- Aura Minerals Inc. (TSX: ORA; B3: AURA33) (“Aura” or the “Company”) provides an update on the impacts of Hurricanes Eta and Iota (“Hurricanes”) at its San Andres Mine in Honduras (the “Mine”). The Honduran Permanent Commission for Contingencies (COPECO) issued a red alert state at national level on November 15 for undefined time due to constant rains, that remain to date in the national territory. Hurricane Eta reached Central America on November 3rd and Hurricane Iota on November 16th, carrying severe storms near San Andres mine causing constant power and communication disruptions. The Company prioritized the safety of its employees and service providers and, as such, reduced or interrupted operations during few occasions within current month when appropriate. In addition, the Company is working closely with local communities, providing food, water, beds, general housewares and other essentials to those affected by the Hurricanes. Donations were also made to institutions designated by the government to evaluate and provide aid to the people affected by the Hurricanes at Copan department.The Company is not aware of any injuries or casualties caused by the Hurricanes in the region where the Mine is located. In addition, no material damage was caused to properties of the Company and impact on production is estimated to be between 2,000 and 3,000 ounces against the previous disclosed guidance, therefore impacting in lower revenues and costs for November 2020."The safety of our employees and contractors is always our top priority, as well as supporting the communities around our operations," said Rodrigo Barbosa, President and Chief Executive Officer of Aura.Forward-Looking InformationThis press release contains “forward-looking information” and “forward-looking statements”, as defined in applicable securities laws (collectively, “forward-looking statements”) which include, but are not limited to, the impact of the Hurricanes in the Company’s operations.Known and unknown risks, uncertainties and other factors, many of which are beyond the Company’s ability to predict or control, including any changes to the conditions and limitations imposed by the Government Orders and the duration of such conditions or limitations, could cause actual results to differ materially from those contained in the forward-looking statements. Specific reference is made to the most recent Annual Information Form on file with certain Canadian provincial securities regulatory authorities for a discussion of some of the factors underlying forward-looking statements.All forward-looking statements herein are qualified by this cautionary statement. Accordingly, readers should not place undue reliance on forward-looking statements. The Company undertakes no obligation to update publicly or otherwise revise any forward-looking statements whether as a result of new information or future events or otherwise, except as may be required by law. If the Company does update one or more forward-looking statements, no inference should be drawn that it will make additional updates with respect to those or other forward-looking statements.About Aura 360° MiningAura is focused on mining in complete terms – thinking holistically about how its business impacts and benefits every one of our stakeholders: our company, our shareholders, our employees, and the countries and communities we serve. We call this 360° Mining.Aura is a mid-tier gold and copper production company focused on the development and operation of gold and base metal projects in the Americas. The Company’s producing assets include the San Andres gold mine in Honduras, the Ernesto/Pau-a -Pique gold mine in Brazil, the Aranzazu copper-gold-silver mine in Mexico and the Gold Road mine in the United States. In addition, the Company has two additional gold projects in Brazil, Almas and Matupá, and one gold project in Colombia, Tolda Fria.For further information, please visit Aura’s website at www.auraminerals.com or contact:Rodrigo Barbosa                  President & CEO 305-239-9332

  • Aura Announces New and Improved Offtake Agreement with Trafigura starting in 2022
    GlobeNewswire

    Aura Announces New and Improved Offtake Agreement with Trafigura starting in 2022

    ROAD TOWN, British Virgin Islands, Nov. 19, 2020 (GLOBE NEWSWIRE) -- Aura Minerals Inc. (TSX: ORA) (B3: AURA33) (the “Company” or “Aura”) announces that its wholly-owned subsidiary, Aranzazu Holding S.A. de C.V. (“Aranzazu”) has recently completed a competitive bidding process for a new offtake agreement with respect to the copper and gold concentrate produced at the Company’s Aranzazu mine. In connection with the completion of the bidding process, Aranzazu has entered into an offtake agreement (the “New Agreement”) with Trafigura México, S.A. de C.V. (“Trafigura”), pursuant to which Trafigura has agreed to purchase 100% of the copper and gold concentrate produced at Aranzazu during the term of the New Agreement. The New Agreement is effective as of the beginning of 2022 and continues until the end of 2024. The current offtake agreement in place with IXM Metals (the “Existing Agreement”) will remain in force until the end of 2021. As result of a strong competitive process and improved market conditions for copper, Aura expects Aranzazu to achieve material savings under the New Agreement, improving gross margins by 4 percentage points compared to the terms of the Existing Agreement.Rodrigo Barbosa, the Company’s President and CEO noted:“In 2018 our priority was to restart Aranzazu under a detailed and sustainable production plan. Since we restarted the project last year, we have been investing in geology and exploration in order to increase the life of mine as well, besides optimizing operational efficiencies. As result, we have been able to exceed initial expectations set in the Feasibility Study for certain KPIs, such as recoveries and dilution. Now, we were able to improve the conditions of our offtake agreement, taking advantage of a competitive process and favorable market conditions”.Forward-Looking InformationThis press release contains “forward-looking information” and “forward-looking statements”, as defined in applicable Canadian securities laws (collectively, “forward-looking statements”) which include, but are not limited to: (i) the economic benefits of the New Agreement; (ii) the sale of copper and gold concentrate to Trafigura; (iii) the results of the Feasibility Study and the ability of the Company to achieve or exceed such results; (iv) exploration results and the extension of life of mine of Aranzazu; (v) production at Aranzazu; and (vi) market conditions for copper.Known and unknown risks, uncertainties and other factors, many of which are beyond the Company’s ability to predict or control, could cause actual results to differ materially from those contained in the forward-looking statements. Specific reference is made to the most recent Annual Information Form on file with certain Canadian provincial securities regulatory authorities for a discussion of some of the factors underlying forward-looking statements.All forward-looking statements herein are qualified by this cautionary statement. Accordingly, readers should not place undue reliance on forward-looking statements. The Company undertakes no obligation to update publicly or otherwise revise any forward-looking statements whether as a result of new information or future events or otherwise, except as may be required by law. If the Company does update one or more forward-looking statements, no inference should be drawn that it will make additional updates with respect to those or other forward-looking statements.About Aura 360° MiningAura is focused on mining in complete terms – thinking holistically about how its business impacts and benefits every one of our stakeholders: our company, our shareholders, our employees, and the countries and communities we serve. We name it 360° Mining.Aura is a mid-tier gold and copper production company focused on the development and operation of gold and base metal projects in the Americas. The Company’s producing assets include the San Andres gold mine in Honduras, the Ernesto/Pau-a -Pique gold mine in Brazil, the Aranzazu copper-gold-silver mine in Mexico and the Gold Road gold mine in the United States. In addition, the Company has two additional gold projects in Brazil, Almas and Matupá, and one gold project in Colombia, Tolda Fria.For further information, please contact:Rodrigo Barbosa President & CEO 305 239 9332

  • Aura Minerals Releases Its Third Quarter 2020 Financial and Operational Results
    GlobeNewswire

    Aura Minerals Releases Its Third Quarter 2020 Financial and Operational Results

    ROAD TOWN, British Virgin Islands, Nov. 13, 2020 (GLOBE NEWSWIRE) -- Aura Minerals, Inc. (“Aura Minerals” or the “Company”) announces that the Company has filed today its interim financial statements for the third quarter of 2020, its associated management’s discussion and analysis and related certification filings for the third quarter of 2020 (collectively, the “Third Quarter Results”). Rodrigo Barbosa, CEO of Aura, comments: “We at Aura are very pleased with both our quarterly results and the new trajectory for the company. Not only did we start this quarter with a successful IPO in Brazil, significantly strengthening our balance sheet and our support base, but also we delivered on our promises: Stronger production, lower cost and continued profit growth. Today, we published another record high result for Aura. Our team was able to achieve these results while also focusing on the safety of our employees, rigorously implementing procedures to avoid spread of COVID-19 within our operations, allowing us to resume near full production in our operations. The Q3 results shows that we continue to increase production when compared to Q4 2019 (pre-COVID-19 impacts) and to reduce costs. Moreover, we expect to continue to generate future growth by advancing several projects in our portfolio and adding more production during Q4 and the years to come.”Forward-Looking InformationThis press release contains “forward-looking information” and “forward-looking statements”, as defined in applicable Canadian securities laws (collectively, “forward-looking statements”) which include, but are not limited to, future development of the Company’s projects and increases in production.Known and unknown risks, uncertainties and other factors, many of which are beyond the Company’s ability to predict or control, could cause actual results to differ materially from those contained in the forward-looking statements. Specific reference is made to the most recent Annual Information Form on file with certain Canadian provincial securities regulatory authorities for a discussion of some of the factors underlying forward-looking statements.All forward-looking statements herein are qualified by this cautionary statement. Accordingly, readers should not place undue reliance on forward-looking statements. The Company undertakes no obligation to update publicly or otherwise revise any forward-looking statements whether as a result of new information or future events or otherwise, except as may be required by law. If the Company does update one or more forward-looking statements, no inference should be drawn that it will make additional updates with respect to those or other forward-looking statements.About Aura 360° MiningAura is focused on mining in complete terms – thinking holistically about how its business impacts and benefits every one of our stakeholders: our company, our shareholders, our employees, and the countries and communities we serve. We call this 360° Mining.Aura is a mid-tier gold and copper production company focused on the development and operation of gold and base metal projects in the Americas. The Company’s producing assets include the San Andres gold mine in Honduras, the Ernesto/Pau-a -Pique gold mine in Brazil, the Aranzazu copper-gold-silver mine in Mexico and Gold Road mine in the United States. In addition, the Company has two additional gold projects in Brazil, Almas and Matupá, and one gold project in Colombia, Tolda Fria.For further information, please visit Aura’s website at www.auraminerals.com or contact:Rodrigo Barbosa                  President & CEO                 305-239-9332