TSX:ORAMetals and Mining
Aura Minerals (TSX:ORA) Is Up 8.2% After Q2 Profitability and Above-Policy Dividend Announcement—Has the Bull Case Changed?
Earlier this month, Aura Minerals Inc. reported a return to profitability in its second quarter results and declared a US$0.33 per share cash dividend to be paid on August 26, 2025, along with filing a US$94.66 million shelf registration for common shares related to its ESOP.
The company’s dividend payment is above the minimum required by its policy, but recent results have sparked questions regarding the ongoing sustainability of such distributions given previous net losses.
We will assess...