Company Overview - Aura Minerals is a gold and copper mining company based in Tortola, British Virgin Islands, with operations in Mexico, Honduras, and Brazil [3] - The company went public in November 2006 on the Toronto Stock Exchange and completed its U.S. IPO on July 17, 2025, selling 8.1 million shares at $24.25 [2] Financial Performance - Aura is on track to set records for both revenue and operating profits in its 2025 fiscal year [5] - Revenue has increased from $165.8 million in 2015 to $679.9 million in the trailing 12 months ended June 30, representing a compound annual growth rate of 15.2% [5] - Operating income improved from a loss of $1.4 million in 2015 to a profit of $278.1 million at the end of June [5] Market Conditions - The growth in revenue and profits has been partly driven by higher gold and copper prices, with gold increasing from approximately $1,200 per ounce in 2015 to about $3,785 today, and copper from around $2.33 per pound to $4.58 per pound [6] Growth Strategy - Aura is in a growth phase, planning to acquire the Mineração Serra Grande Gold Mine in Brazil for an upfront cash payment of $76 million, along with deferred payments based on net smelter returns [7] - The company has moved up 13 spots in Barchart's Top 100 Stocks to Buy, currently sitting at the 53rd position, indicating strong market interest [1][3]
Aura Minerals Jumps 13 Places in Top 100 Stocks to Buy. Should Investors Bite?