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

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).

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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