Aura Minerals FY2024 EPS Reduced by National Bank Financial

Aura Minerals Inc. (TSE:ORA) – Investment analysts at National Bank Financial lowered their FY2024 earnings estimates for Aura Minerals in a research note issued on Tuesday, October 22nd. National Bank Financial analyst R. Nizami now anticipates that the company will post earnings of $0.52 per share for the year, down from their previous estimate of $1.40. The consensus estimate for Aura Minerals’ current full-year earnings is $4.20 per share. National Bank Financial also issued estimates for Aura Minerals’ FY2025 earnings at $3.53 EPS.

Aura Minerals Price Performance

Shares of TSE:ORA opened at C$17.05 on Friday. The company has a 50 day moving average of C$15.15 and a 200 day moving average of C$13.28. The stock has a market cap of C$1.23 billion, a P/E ratio of -27.50 and a beta of 0.59. Aura Minerals has a 12 month low of C$8.26 and a 12 month high of C$17.34. 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 (TSE:ORA) last issued its quarterly earnings data on Monday, August 5th. The company reported C($0.06) EPS for the quarter, missing the consensus estimate of C$0.18 by C($0.24). The firm had revenue of C$183.91 million for the quarter. Aura Minerals had a negative net margin of 6.61% and a negative return on equity of 11.41%.

Insider Activity at Aura Minerals

In other Aura Minerals news, Director Glauber Rosa Luvizotto sold 19,300 shares of the business’s stock in a transaction that occurred on Thursday, September 5th. The shares were sold at an average price of C$13.97, for a total value of C$269,669.25. 57.96% of the stock is owned by corporate 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.