Aura Minerals Third Quarter 2024 Earnings: US$0.17 loss per share (vs US$0.11 profit in 3Q 2023)

Simply Wall St

November 06, 2024

Aura Minerals (TSE:ORA) Third Quarter 2024 Results

Key Financial Results

Revenue: US$156.2m (up 41% from 3Q 2023).
Net loss: US$11.9m (down by 254% from US$7.76m profit in 3Q 2023).
US$0.17 loss per share (down from US$0.11 profit in 3Q 2023).

earnings-and-revenue-growth — TSX:ORA Earnings and Revenue Growth November 6th 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

Aura Minerals Earnings Insights

Looking ahead, revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Metals and Mining industry in Canada.

Performance of the Canadian Metals and Mining industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

We should say that we've discovered 3 warning signs for Aura Minerals (1 is a bit concerning!) that you should be aware of before investing here.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.