Analysts Issue Forecasts for Aura Minerals FY2024 Earnings

Aura Minerals Inc. (TSE:ORA) – Equities researchers at National Bank Financial lowered their FY2024 earnings estimates for shares of Aura Minerals in a report issued on Monday, February 10th. National Bank Financial analyst R. Nizami now anticipates that the company will post earnings per share of ($0.34) for the year, down from their previous estimate of $0.52. The consensus estimate for Aura Minerals’ current full-year earnings is $4.20 per share.

Aura Minerals Stock Performance

ORA opened at C$21.93 on Thursday. Aura Minerals has a 1-year low of C$8.26 and a 1-year high of C$21.95. The company has a market cap of C$1.59 billion, a price-to-earnings ratio of -35.37 and a beta of 0.59. The company’s fifty day moving average price is C$18.32 and its two-hundred day moving average price is C$16.42. The company has a current ratio of 1.52, a quick ratio of 1.22 and a debt-to-equity ratio of 147.20.

Aura Minerals Cuts Dividend

The firm also recently announced a Semi-Annual dividend, which was paid on Monday, December 2nd. Investors of record on Monday, December 2nd were issued a $0.24 dividend. The ex-dividend date of this dividend was Friday, November 15th. This represents a dividend yield of 1.37%. Aura Minerals’s dividend payout ratio is presently -154.84%.

Insider Buying and Selling

In related news, Senior Officer Joao Kleber Dos Santos Cardoso sold 10,000 shares of the stock in a transaction that occurred on Tuesday, November 19th. The stock was sold at an average price of C$16.15, for a total transaction of C$161,500.00. 57.96% of the stock is currently owned by company insiders.

About Aura Minerals

Aura Minerals Inc, a gold and copper production company, focuses on the development and operation of gold and base metal projects in the Americas. It operates through Minosa Mine, Apoena Mines, The Aranzazu Mine, Corporate, Almas, and Projects segments. The company primarily explores for gold and copper in Brazil, Mexico, and Honduras.