FY2024 EPS Estimates for Aura Minerals Inc. (TSE:ORA) Increased by Analyst

Aura Minerals Inc. (TSE:ORA) – Research analysts at National Bank Financial upped their FY2024 EPS estimates for shares of Aura Minerals in a note issued to investors on Sunday, June 9th. National Bank Financial analyst R. Nizami now anticipates that the company will post earnings of $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.

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

Aura Minerals Trading Down 0.2 %

Shares of TSE ORA opened at C$12.24 on Wednesday. The company has a debt-to-equity ratio of 119.13, a quick ratio of 1.22 and a current ratio of 1.95. Aura Minerals has a 52-week low of C$8.09 and a 52-week high of C$13.00. The firm has a 50 day moving average price of C$11.42 and a two-hundred day moving average price of C$10.01. The stock has a market cap of C$884.22 million, a P/E ratio of 174.86 and a beta of 0.45.

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

Aura Minerals Increases Dividend

The company also recently declared a Semi-Annual dividend, which will be paid on Friday, June 28th. Investors of record on Thursday, June 20th will be given a dividend of $0.482 per share. This is a positive change 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 (DPR) is presently 957.14%.

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.