Aura Minerals Inc. Expected to Post FY2024 Earnings of $1.75 Per Share (TSE:ORA)

Aura Minerals Inc. (TSE:ORAFree Report) – Investment analysts at National Bank Financial boosted their FY2024 EPS estimates for shares of Aura Minerals in a research note issued on Sunday, June 9th. National Bank Financial analyst R. Nizami now forecasts that the company will earn $1.75 per share for the year, up from their prior forecast of $0.61. The consensus estimate for Aura Minerals’ current full-year earnings is $1.18 per share. National Bank Financial also issued estimates for Aura Minerals’ FY2025 earnings at $3.93 EPS.

Aura Minerals (TSE:ORAGet Free Report) last announced its quarterly earnings data on Monday, May 6th. The company reported C$0.21 EPS for the quarter, missing analysts’ consensus estimates of C$0.39 by C($0.18). Aura Minerals had a net margin of 0.89% and a return on equity of 1.26%. The company had revenue of C$178.06 million for the quarter.

Separately, National Bankshares lifted their price objective on Aura Minerals from C$15.00 to C$16.00 and gave the stock an “outperform” rating in a report on Monday.

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Aura Minerals Trading Up 4.2 %

Shares of ORA opened at C$12.76 on Wednesday. The stock’s 50-day moving average price is C$11.45 and its 200 day moving average price is C$10.03. The company has a quick ratio of 1.22, a current ratio of 1.95 and a debt-to-equity ratio of 119.13. The firm has a market capitalization of C$921.78 million, a price-to-earnings ratio of 182.29 and a beta of 0.45. Aura Minerals has a 12-month low of C$8.09 and a 12-month high of C$13.00.

Aura Minerals Increases Dividend

The firm also recently disclosed a Semi-Annual dividend, which will be paid on Friday, June 28th. Stockholders of record on Thursday, June 20th will be paid a $0.482 dividend. This is a boost from Aura Minerals’s previous Semi-Annual dividend of $0.35. The ex-dividend date is Thursday, June 20th. Aura Minerals’s dividend payout ratio is currently 957.14%.

Aura Minerals Company Profile

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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.

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