FY2024 EPS Estimates for Aura Minerals Lowered by Analyst

Aura Minerals Inc. (TSE:ORA) – Research analysts at National Bank Financial decreased their FY2024 earnings per share estimates for Aura Minerals in a research report issued on Tuesday, October 22nd. National Bank Financial analyst R. Nizami now expects 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 (TSE:ORA) last issued its quarterly earnings data on Monday, August 5th. The company reported C($0.06) earnings per share (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 return on equity of 11.41% and a negative net margin of 6.61%.

Aura Minerals Price Performance

Aura Minerals stock opened at C$17.06 on Friday. Aura Minerals has a 52-week low of C$8.26 and a 52-week high of C$17.15. The company has a quick ratio of 1.22, a current ratio of 1.52 and a debt-to-equity ratio of 147.20. The firm’s fifty day moving average is C$15.08 and its 200 day moving average is C$13.23. The company has a market cap of C$1.23 billion, a price-to-earnings ratio of -27.52 and a beta of 0.59.

Insider Activity

In related news, Director Glauber Rosa Luvizotto sold 19,300 shares of Aura Minerals stock in a transaction dated Thursday, September 5th. The stock was sold at an average price of C$13.97, for a total value of C$269,669.25. Corporate insiders own 57.96% of the company’s stock.

Aura Minerals Company Profile

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.