Impact: Positive
Aura Minerals released preliminary Q4 production results that marked the highest quarterly production ever for the company. Given the sustained high price environment for precious metals and copper in conjunction with consistent production QoQ at its operations, we expect that Aura should post robust Q4 financial results. Although we have not yet valued Aura Minerals, we believe the company’s share price should be driven by continued steady operating results and positive news flow as it advances its growth projects and makes operational improvements.
