Aura Minerals ( (TSE:ORA) ) just unveiled an update.
Aura Minerals reported a significant financial performance in 2024, doubling its EBITDA to $267 million, with an all-in sustaining cost (AISC) of $1,320 per ounce, below the industry average. The company achieved an 18% increase in production at constant metal prices and made substantial investments in growth projects, while maintaining a strong safety record. The Almas operation’s strong performance and the upcoming Borborema startup are expected to enhance Aura’s production capabilities further.
More about Aura Minerals
Aura Minerals Inc. operates in the mining industry, focusing on the production of gold and other precious metals. The company is involved in the exploration, development, and operation of gold and copper mines, with a market focus on increasing production and maintaining cost efficiency.
YTD Price Performance: 25.68%
Average Trading Volume: 33,671
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$1.66B
For a thorough assessment of ORA stock, go to TipRanks’ Stock Analysis page.