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Aura Minerals Inc. J (TSE:ORA)
TSX:ORA
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Aura Minerals (ORA) AI Stock Analysis

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TSE:ORA

Aura Minerals

(TSX:ORA)

Rating:58Neutral
Price Target:
C$36.00
▼(-2.60% Downside)
Aura Minerals' overall stock score reflects a balance of strong growth prospects and strategic initiatives against significant profitability and leverage challenges. The company's recent corporate actions and earnings call provide positive momentum, but financial performance and valuation concerns weigh on the score.

Aura Minerals (ORA) vs. iShares MSCI Canada ETF (EWC)

Aura Minerals Business Overview & Revenue Model

Company DescriptionAura Minerals (ORA) is a mid-tier gold and copper production company engaged in the exploration, development, and operation of gold and base metal projects. The company operates in the Americas and has a diversified portfolio of producing and exploration-stage assets. Aura Minerals focuses on maximizing operational efficiencies and expanding its resource base to deliver sustainable growth and value to its stakeholders.
How the Company Makes MoneyAura Minerals makes money through the extraction, production, and sale of gold and copper from its mining operations. The company generates revenue primarily by mining these metals and selling them at market prices. Key revenue streams include the sale of gold and copper concentrate to refineries and other buyers in the metals market. Aura Minerals may also engage in strategic partnerships and joint ventures to optimize mining operations and expand its resource base, contributing to its financial performance. Additionally, the company focuses on operational efficiencies and cost management to enhance profitability.

Aura Minerals Earnings Call Summary

Earnings Call Date:Aug 05, 2025
(Q1-2025)
|
% Change Since: 9.93%|
Next Earnings Date:Nov 04, 2025
Earnings Call Sentiment Neutral
The earnings call highlighted strong financial performance, record EBITDA, and successful project completions, contrasted by a net loss due to hedging and production decline. The company maintains strong growth prospects with ongoing projects and a commitment to high dividends.
Q1-2025 Updates
Positive Updates
Record High EBITDA
Achieved a record high EBITDA of $81 million for the quarter, despite production challenges, aided by increased gold prices.
Strong Dividend Yield
Announced a $30 million dividend for the quarter, resulting in an 11% dividend yield over the last 12 months.
Successful Project Completion
Completed the construction of Borborema on time and on budget, with commercial production expected in Q3.
Growth in Net Revenues
Net revenues reached a record high of $624 million over the last 12 months.
Safety Milestone
Achieved a significant safety milestone with only one lost time incident over two years during major project completions.
Continued Growth Prospects
Progress on Bluestone and Matupa projects, with potential for significant production increases.
Negative Updates
Net Loss Due to Hedging
Reported a net loss of $72 million for the quarter, primarily due to market-to-market losses on gold hedges.
Production Decline
Gold equivalent production for Q1 was 60,000 ounces, 9% below the last quarter and 7% below the same quarter last year.
Increased All-In Sustaining Cash Costs
Sustaining cash costs increased due to investment phase at Apoena, affecting overall cost stability.
Higher Leverage
Net debt increased to $272 million, attributed to Borborema construction and Bluestone acquisition.
Company Guidance
During the first quarter of 2025 earnings call, Aura Minerals announced several key financial metrics and future projections, emphasizing their strong performance and growth strategies. The company reported a gold equivalent production of 60,000 ounces, which, although 9% below the previous quarter, aligns with their internal projections amid ongoing investment phases at certain sites. They achieved a record high EBITDA of $81 million, driven by rising gold prices, which reached $2,786 per ounce during the quarter. Despite a net loss of $72 million, primarily due to market-to-market hedging impacts from volatile gold prices, Aura maintained a recurring free cash flow of $27 million. The company highlighted successful construction of the Borborema project, which is expected to boost production significantly in the second half of the year. Additionally, Aura announced a $30 million dividend for the quarter, reflecting an 11% dividend yield over the last 12 months, and continued its share buyback program, underscoring its commitment to shareholder returns. The company also updated its 43-101 report, extending the life of its mines and increasing production, while emphasizing its focus on increasing daily trading volume and preparing for a potential U.S. public offering to enhance liquidity.

Aura Minerals Financial Statement Overview

Summary
Aura Minerals has a robust cash flow and revenue growth, but its negative net profit margin and high debt levels are concerning, affecting financial stability.
Income Statement
60
Neutral
Aura Minerals shows a mixed performance in its income statement. The Gross Profit Margin for TTM (Trailing-Twelve-Months) stands at 45.37%, which is strong. However, the Net Profit Margin is negative at -15.11%, indicating significant challenges in profitability. Revenue growth appears positive with a 6.31% increase from the previous year, but the negative net income impacts overall performance.
Balance Sheet
50
Neutral
The company's balance sheet reflects a high Debt-to-Equity Ratio of 2.79 for TTM, indicating a leveraged position that could pose risks. Return on Equity is negative at -67.43%, which is concerning, while the Equity Ratio has decreased to 12.27%, suggesting a lower cushion against liabilities.
Cash Flow
65
Positive
Operating Cash Flow is robust, with a positive Operating Cash Flow to Net Income Ratio of 2.52 for TTM, indicating strong cash generation relative to earnings. However, Free Cash Flow has decreased, and Free Cash Flow to Net Income Ratio is 0.37, showing reliance on cash flow management amidst negative net income.
BreakdownDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue594.16M416.89M392.70M444.56M299.87M
Gross Profit251.27M126.02M125.69M183.01M121.88M
EBITDA149.80M106.42M127.68M192.13M117.52M
Net Income-30.27M31.88M66.50M43.50M68.48M
Balance Sheet
Total Assets1.08B923.82M727.31M592.48M536.19M
Cash, Cash Equivalents and Short-Term Investments270.19M237.29M127.90M161.49M117.78M
Total Debt385.35M372.24M253.29M159.14M73.37M
Total Liabilities857.31M609.02M417.18M320.20M223.48M
Stockholders Equity222.96M314.80M310.13M272.27M312.71M
Cash Flow
Free Cash Flow41.66M28.85M-7.00M51.72M38.39M
Operating Cash Flow222.24M124.95M96.36M131.19M90.36M
Investing Cash Flow-176.40M-97.66M-157.50M-78.16M-51.06M
Financing Cash Flow5.20M79.43M21.88M-8.63M41.30M

Aura Minerals Technical Analysis

Technical Analysis Sentiment
Positive
Last Price36.96
Price Trends
50DMA
35.33
Positive
100DMA
31.00
Positive
200DMA
24.65
Positive
Market Momentum
MACD
0.31
Negative
RSI
63.84
Neutral
STOCH
88.77
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:ORA, the sentiment is Positive. The current price of 36.96 is above the 20-day moving average (MA) of 34.28, above the 50-day MA of 35.33, and above the 200-day MA of 24.65, indicating a bullish trend. The MACD of 0.31 indicates Negative momentum. The RSI at 63.84 is Neutral, neither overbought nor oversold. The STOCH value of 88.77 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:ORA.

Aura Minerals Peers Comparison

Overall Rating
UnderperformOutperform
Sector (44)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
75
Outperform
C$2.73B14.4734.73%80.44%3757.72%
69
Neutral
$2.02B19.244.38%2.88%-4.17%-40.92%
58
Neutral
C$3.05B-32.74%2.48%39.55%-89.48%
53
Neutral
C$1.84B-37.26%36.21%33.44%
46
Neutral
$2.31B-1.46%56.70%
44
Neutral
C$923.76M-8.73-0.23%2.68%20.48%-40.65%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:ORA
Aura Minerals
36.96
24.90
206.47%
TSE:SEA
Seabridge Gold
23.16
0.31
1.36%
TSE:CG
Centerra Gold
9.82
0.55
5.91%
TSE:WDO
Wesdome Gold Mines
17.97
3.97
28.36%
TSE:AAUC
Allied Gold Corporation
16.39
7.15
77.38%

Aura Minerals Corporate Events

Delistings and Listing ChangesPrivate Placements and FinancingBusiness Operations and Strategy
Aura Minerals Enhances Market Position with U.S. Listing and Share Sale
Positive
Aug 6, 2025

Aura Minerals Inc. announced the successful closure of the sale of 897,134 common shares due to the partial exercise of the underwriters’ option in connection with its U.S. initial public offering. This move aims to transfer Aura’s principal listing to the U.S. equity market, enhancing share liquidity and diversifying its shareholder base. The proceeds will be used to fund strategic growth initiatives, including acquisitions and exploration projects, thereby strengthening the company’s financial flexibility and market position.

The most recent analyst rating on (TSE:ORA) stock is a Buy with a C$20.00 price target. To see the full list of analyst forecasts on Aura Minerals stock, see the TSE:ORA Stock Forecast page.

Delistings and Listing ChangesM&A TransactionsBusiness Operations and StrategyFinancial Disclosures
Aura Minerals Achieves Record Financial Results in Q2 2025
Positive
Aug 6, 2025

Aura Minerals reported a record-high Adjusted EBITDA of $106 million for Q2 2025, driven by increased production and higher gold prices. The company achieved significant milestones such as the publication of the Preliminary Economic Assessment for Era Dorada, a successful IPO on Nasdaq, and the signing of a purchase agreement for MSG. Aura’s net revenue reached a record $190.4 million, marking a 42% increase from Q2 2024, attributed to higher gold prices. The company anticipates meeting its production and cost guidance for the year, with commercial production at Borborema and the completion of the MSG acquisition expected in Q3.

The most recent analyst rating on (TSE:ORA) stock is a Buy with a C$20.00 price target. To see the full list of analyst forecasts on Aura Minerals stock, see the TSE:ORA Stock Forecast page.

DividendsBusiness Operations and Strategy
Aura Minerals Announces Dividend, Reinforces Strong Yield Position
Positive
Aug 6, 2025

Aura Minerals Inc. has declared a dividend of US$0.33 per share and US$0.11 per Brazilian Depositary Receipt (BDR) based on its Q2 2025 results, resulting in a 7.4% dividend yield over the last twelve months. This move reinforces Aura’s position as a top dividend-yielding company in the global gold mining industry and highlights its strategy of delivering shareholder value through greenfield projects, exploration, and strategic acquisitions.

The most recent analyst rating on (TSE:ORA) stock is a Buy with a C$20.00 price target. To see the full list of analyst forecasts on Aura Minerals stock, see the TSE:ORA Stock Forecast page.

Business Operations and Strategy
Aura Minerals’ Outlook Upgraded to Positive by S&P Global
Positive
Jul 22, 2025

Aura Minerals announced that S&P Global Ratings has upgraded its outlook on the company’s credit ratings to positive, reflecting Aura’s potential for accelerated growth, successful project management, and record high gold prices boosting cash flow. This upgrade suggests a strong future for Aura, contingent on successful project expansions and maintaining financial metrics, which could enhance its industry position and stakeholder confidence.

The most recent analyst rating on (TSE:ORA) stock is a Buy with a C$20.00 price target. To see the full list of analyst forecasts on Aura Minerals stock, see the TSE:ORA Stock Forecast page.

Delistings and Listing ChangesPrivate Placements and FinancingM&A TransactionsBusiness Operations and Strategy
Aura Minerals Prices U.S. IPO to Boost Liquidity and Growth
Positive
Jul 16, 2025

Aura Minerals Inc. has announced the pricing of its U.S. initial public offering, setting the price at $24.25 per common share for 8,100,510 shares. This move aims to transfer its principal listing to the U.S. stock exchange to enhance share liquidity and diversify its shareholder base. The proceeds will be used to fund the acquisition of Mineração Serra Grande S.A., support strategic growth initiatives, and provide financial flexibility. The shares will be listed on the Nasdaq Global Select Market under the symbol ‘AUGO’, with trading set to commence on July 16, 2025.

The most recent analyst rating on (TSE:ORA) stock is a Buy with a C$20.00 price target. To see the full list of analyst forecasts on Aura Minerals stock, see the TSE:ORA Stock Forecast page.

Delistings and Listing ChangesPrivate Placements and Financing
Aura Minerals Launches U.S. Public Offering to Raise $210 Million
Positive
Jul 7, 2025

Aura Minerals Inc. has announced the launch of its U.S. public offering of common shares, aiming to raise approximately US$210 million. The shares are expected to be listed on the Nasdaq Global Select Market under the symbol ‘AUGO.’ This strategic move is coordinated by major financial institutions and is expected to enhance Aura’s market presence and operational capabilities, although it excludes preemptive rights for certain stakeholders and is not registered for public offering in Brazil or Canada.

The most recent analyst rating on (TSE:ORA) stock is a Buy with a C$20.00 price target. To see the full list of analyst forecasts on Aura Minerals stock, see the TSE:ORA Stock Forecast page.

Business Operations and StrategyFinancial Disclosures
Aura Minerals Reports 7% Increase in Q2 2025 Production
Positive
Jul 3, 2025

Aura Minerals announced its preliminary Q2 2025 production results, reporting a total production of 64,033 gold equivalent ounces, marking a 7% increase from Q1 2025 and maintaining levels compared to Q2 2024. The production increase is attributed to higher grades and improved recoveries at its Aranzazu and Minosa mines, while the Almas mine benefited from plant expansion and a new contractor. Despite a decrease in production at Apoena due to its investment phase, the company remains on track to meet its annual targets. Borborema’s first gold pour positions it for commercial production by the end of Q3 2025, indicating positive progress in Aura’s operational strategy.

The most recent analyst rating on (TSE:ORA) stock is a Buy with a C$20.00 price target. To see the full list of analyst forecasts on Aura Minerals stock, see the TSE:ORA Stock Forecast page.

Shareholder MeetingsBusiness Operations and Strategy
Aura Minerals Announces 2025 AGM Results with Strong Shareholder Support
Positive
Jun 16, 2025

Aura Minerals Inc. announced the results of its 2025 Annual General Meeting of Shareholders, where all proposed directors were elected, and KPMG was appointed as the company’s auditor. The meeting results reflect strong shareholder support for the company’s leadership and financial oversight, which may positively impact Aura’s strategic initiatives and stakeholder confidence.

The most recent analyst rating on (TSE:ORA) stock is a Buy with a C$20.00 price target. To see the full list of analyst forecasts on Aura Minerals stock, see the TSE:ORA Stock Forecast page.

Business Operations and StrategyFinancial Disclosures
Aura Minerals Releases Promising Economic Assessment for Era Dorada Project
Positive
Jun 10, 2025

Aura Minerals has announced the preliminary economic assessment for its Era Dorada Project in Guatemala, highlighting strong economic potential with an after-tax NPV of $485 million and an IRR of 24% at a gold price of $2,410 per ounce. The project, acquired from Bluestone Resources, is expected to produce 1.4 million ounces of gold over 17 years, with significant local collaboration to meet environmental and social standards, potentially impacting local employment and economic development.

The most recent analyst rating on (TSE:ORA) stock is a Buy with a C$16.00 price target. To see the full list of analyst forecasts on Aura Minerals stock, see the TSE:ORA Stock Forecast page.

Delistings and Listing ChangesRegulatory Filings and Compliance
Aura Minerals Announces U.S. Public Offering Plans
Neutral
Jun 7, 2025

Aura Minerals Inc. has filed a registration statement with the U.S. Securities and Exchange Commission for a proposed public offering of its securities in the United States. This move is part of Aura’s strategy to list its common shares on the Nasdaq Global Select Market, aiming to improve stock liquidity and consolidate its presence in the U.S. equity market, with BofA Securities and Goldman Sachs as global coordinators.

The most recent analyst rating on (TSE:ORA) stock is a Buy with a C$20.00 price target. To see the full list of analyst forecasts on Aura Minerals stock, see the TSE:ORA Stock Forecast page.

Business Operations and StrategyRegulatory Filings and Compliance
Aura Minerals Unveils 2024 Sustainability Achievements
Positive
Jun 5, 2025

Aura Minerals has released its 2024 Sustainability Report, highlighting significant progress in safety, responsibility, sustainability, and innovation. The report details achievements across eight ESG pillars, including digital transformation, community empowerment, and environmental management. Aura has strengthened its ESG leadership by complying with global mining standards and has been recognized for its efforts in diversity and workplace culture. The company has also increased its production and maintained a strong safety record, reflecting its commitment to sustainable growth and responsible mining.

The most recent analyst rating on (TSE:ORA) stock is a Buy with a C$25.00 price target. To see the full list of analyst forecasts on Aura Minerals stock, see the TSE:ORA Stock Forecast page.

M&A TransactionsBusiness Operations and Strategy
Aura Minerals to Acquire Serra Grande Gold Mine in Brazil
Positive
Jun 2, 2025

Aura Minerals has entered into an agreement to acquire the Mineração Serra Grande gold mine in Goiás, Brazil, from AngloGold Ashanti. The acquisition involves an upfront payment of $76 million and deferred payments based on net smelter returns. The transaction is expected to close by the end of 2025, pending regulatory approvals and other conditions. This acquisition aligns with Aura’s strategy to enhance its portfolio and improve the performance of its mining operations, potentially making Serra Grande a key asset in its portfolio.

The most recent analyst rating on (TSE:ORA) stock is a Buy with a C$16.00 price target. To see the full list of analyst forecasts on Aura Minerals stock, see the TSE:ORA Stock Forecast page.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Aug 07, 2025