Topic: How To Invest

Hi. Please provide your investment opinion on Aura Minerals. Thanks.

Article Excerpt

Aura Minerals, $1.17, symbol ORA on Toronto (Shares outstanding: 227.9 million; Market cap: $266.6 million; www.auraminerals.com), owns the San Andres gold mine in Honduras, the Sao Francisco and Sao Vicente gold mines in Brazil, and the new Aranzazu copper/gold/silver mine in Zacatecas State, Mexico. The company’s other assets include the advanced-stage Serrote copper/gold/iron ore deposit at the Arapiraca project in Brazil. In the three months ended September 30, 2011, Aura’s cash flow was $0.09 a share. On September 30, 2011, the company’s total debt was $19.2 million, or just 8.4% of its market cap. It held cash of $20.6 million, or $0.09 a share. Aura just reported its production figures for 2011, although its cash flow for the year is not yet available. For all of 2011, Aura produced 160,159 ounces of gold, up 16.5% from 137,517 ounces in 2010. The total included 60,871 ounces from the San Andres mine, 56,286 ounces from the Sao Francisco mine and 43,002 ounces from the Sao Vicente…