FY2024 EPS Estimates for Aura Minerals Reduced by Analyst

Aura Minerals Inc. (TSE:ORA - Free Report) - National Bank Financial cut their FY2024 EPS estimates for Aura Minerals in a research note issued to investors on Tuesday, October 22nd. National Bank Financial analyst R. Nizami now forecasts that the company will post earnings per share of $0.52 for the year, down from their prior forecast 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 - Get Free Report) last posted its quarterly earnings data on Monday, August 5th. The company reported C($0.06) earnings per share for the quarter, missing analysts' consensus estimates of C$0.18 by C($0.24). The company 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 Trading Down 0.1 %

Shares of ORA traded down C$0.01 during midday trading on Friday, hitting C$17.05. 20,278 shares of the stock were exchanged, compared to its average volume of 16,572. Aura Minerals has a 52-week low of C$8.26 and a 52-week high of C$17.34. The company has a debt-to-equity ratio of 147.20, a quick ratio of 1.22 and a current ratio of 1.52. The stock has a fifty day simple moving average of C$15.15 and a 200 day simple moving average of C$13.28. The firm has a market cap of C$1.23 billion, a P/E ratio of -27.50 and a beta of 0.59.

Insider Buying and Selling

In other news, Director Glauber Rosa Luvizotto sold 19,300 shares of the firm'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.

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.