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Aura Minerals
(TSX:ORA)
Aura Minerals (ORA) vs. iShares MSCI Canada ETF (EWC)
Aura Minerals Business Overview & Revenue Model
Aura Minerals Earnings Call Summary
Aura Minerals Financial Statement Overview
| Breakdown | |||||
| TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 623.89M | 594.16M | 416.89M | 392.70M | 444.56M | 299.87M | Gross Profit |
| 283.02M | 251.27M | 126.02M | 125.69M | 183.01M | 121.88M | EBIT |
| 236.32M | 205.37M | 87.03M | 88.23M | 123.05M | 96.46M | EBITDA |
| 91.45M | 149.80M | 106.42M | 127.68M | 192.13M | 117.52M | Net Income Common Stockholders |
| -94.30M | -30.27M | 31.88M | 66.50M | 43.50M | 68.48M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 198.07M | 270.19M | 237.29M | 127.90M | 161.49M | 117.78M | Total Assets |
| 1.14B | 1.08B | 923.82M | 727.31M | 592.48M | 536.19M | Total Debt |
| 390.58M | 385.35M | 372.24M | 253.29M | 159.14M | 73.37M | Net Debt |
| 192.51M | 115.16M | 134.95M | 125.39M | -2.35M | -44.41M | Total Liabilities |
| 999.13M | 857.31M | 609.02M | 417.18M | 320.20M | 223.48M | Stockholders Equity |
| 139.87M | 222.96M | 314.80M | 310.13M | 272.27M | 312.71M |
| Cash Flow | Free Cash Flow | ||||
| 35.01M | 41.66M | 28.85M | -7.00M | 51.72M | 38.39M | Operating Cash Flow |
| 237.61M | 222.24M | 124.95M | 96.36M | 131.19M | 90.36M | Investing Cash Flow |
| -215.65M | -176.40M | -97.66M | -157.50M | -78.16M | -51.06M | Financing Cash Flow |
| -24.69M | 5.20M | 79.43M | 21.88M | -8.63M | 41.30M |
Aura Minerals Technical Analysis
Aura Minerals Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | C$2.95B | 15.71 | 34.73% | ― | 80.44% | 3757.72% | |
76 Outperform | C$2.84B | 31.77 | 6.74% | ― | 20.03% | -46.48% | |
74 Outperform | C$2.02B | 33.75 | 2.63% | 2.81% | 1.58% | -21.40% | |
65 Neutral | C$2.36B | ― | -28.89% | ― | 38.21% | 50.26% | |
64 Neutral | C$2.52B | ― | -43.50% | 5.13% | 42.46% | -2626.56% | |
51 Neutral | $2.02B | -1.14 | -21.37% | 3.64% | 2.88% | -30.57% | |
46 Neutral | $2.00B | ― | -1.46% | ― | ― | 1.89% |
Aura Minerals Corporate Events
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.
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.
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.
Aura Minerals has declared a dividend of US$0.40 per share, totaling approximately US$30 million, which exceeds the minimum outlined in its Dividend Policy. This decision is supported by proceeds from the Serrote project sale and reflects the company’s commitment to its strategic vision of delivering shareholder value through dividends and share buybacks. The dividend, yielding 11% over the past 12 months, underscores Aura’s position as a top-yielding company in the global gold mining sector.
Aura Minerals has confidentially submitted a draft registration statement to the SEC for a proposed public offering of its common shares in the U.S. This move is part of Aura’s strategy to enhance shareholder value, improve stock liquidity, and consolidate its presence in the U.S. equity market. The offering’s timing will depend on the SEC’s review process and market conditions, with details on the number of shares and price range yet to be determined.
Aura Minerals reported its Q1 2025 financial and operational results, highlighting a record high Adjusted EBITDA of $295 million, despite a decrease in production and sales volumes compared to previous quarters. The company successfully completed the Borborema project on time and within budget, which is expected to significantly boost production in the upcoming quarters, reinforcing Aura’s strong operational momentum and strategic positioning in the mining sector.
Aura Minerals reported a 9% decrease in Q1 2025 production compared to the previous quarter, with a total output of 60,087 gold equivalent ounces. Despite the decline, Aura remains on track to meet its annual production guidance, bolstered by the commencement of operations at the Borborema mine, which is expected to significantly contribute to the company’s output by the end of the year. The new mine, completed on schedule and within budget, is anticipated to enhance Aura’s production capabilities and cost efficiency, positioning it as a key asset in the company’s portfolio.
Aura Minerals has reported updated Mineral Reserves and Resources for 2024, highlighting significant exploration activities and a strong growth trajectory. The company drilled over 100,000 meters, investing $21.8 million in exploration, and maintained its Proven and Probable Reserves at 3.4 million GEO despite natural depletion. Notable reserve growth at the Apoena mine extended its life-of-mine, while Measured and Indicated Resources grew by 1% and Inferred Resources by 4%. The updates reflect new data, revised geological interpretations, and changes in mining methods, positioning Aura for long-term growth and enhancing its industry standing.
Aura Minerals has updated its technical reports for the Aranzazu, Almas, and Minosa mines, adhering to Canadian regulatory standards. The Aranzazu mine, located in Mexico, has significant mineral resources and reserves, with a planned life of mine of 10 years and an average annual production of 61.2 thousand ounces of gold. The Almas project in Brazil, which began commercial production in 2023, produced 54,003 ounces of gold in 2024, highlighting Aura’s ongoing expansion and operational progress.
Aura Minerals has successfully commenced the production ramp-up at its Borborema Mine in Brazil, with expectations to reach commercial production by Q3 2025. The Borborema Mine is anticipated to become a key asset for Aura, showcasing strong economic fundamentals with a high internal rate of return and significant potential for reserve growth. The project highlights Aura’s commitment to efficient and responsible mining, setting an ESG benchmark with innovations like using grey water and renewable energy. The mine is expected to contribute significantly to regional development, employing a large workforce from the local community.
Aura Minerals has announced the renewal of its normal course issuer bid (NCIB) for common shares on the Toronto Stock Exchange and its buyback program for Brazilian depositary receipts (BDRs) on the B3 exchange. This move highlights the company’s commitment to enhancing shareholder value and optimizing its capital structure. The NCIB allows Aura to repurchase up to 2,694,168 common shares, while the BDR buyback program permits the purchase of up to 8,082,504 BDRs, representing 10% of the public float. These initiatives are seen as a strategic use of funds, reinforcing Aura’s market position and potentially benefiting stakeholders.