Aura Minerals Stock Today
| ORA Stock | CAD 10.43 0.13 1.23% |
Performance12 of 100
| Odds Of DistressLess than 4
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Aura Minerals is selling at 10.43 as of the 23rd of April 2024; that is -1.23 percent decrease since the beginning of the trading day. The stock's open price was 10.56. Aura Minerals has only four percent chance of going through some form of financial distress over the next 2 years and had a good performance during the last 90 days. Equity ratings for Aura Minerals are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of February 2024 and ending today, the 23rd of April 2024. Click here to learn more.
Business Domain Materials | Category Basic Materials |
Aura Minerals Inc., a gold and copper production company, focuses on the development and operation of gold and base metal projects in the Americas. Aura Minerals Inc. was incorporated in 1946 and is based in Miami, Florida. AURA MINERALS operates under Gold classification in Canada and is traded on Toronto Stock Exchange.. The company has 72.24 M outstanding shares of which 6.61 K shares are now shorted by private and institutional investors with about 0.48 days to cover all short positions. More on Aura Minerals
Moving together with Aura Stock
| 0.66 | NG | NovaGold Resources | PairCorr |
| 0.69 | OSI | Osino Resources Corp | PairCorr |
Moving against Aura Stock
| 0.62 | DYA | DynaCERT | PairCorr |
Follow Valuation Profit Patterns Odds of Bankruptcy
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Aura Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Aura Minerals' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Aura Minerals or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Rodrigo Barbosa | ||||
| Business Concentration | Metals & Mining, Materials, Basic Materials, Materials, Metals & Mining, Gold, Basic Materials (View all Sectors) | ||||
Aura Minerals' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Aura Minerals' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Aura Minerals' financial leverage. It provides some insight into what part of Aura Minerals' total assets is financed by creditors.
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Aura Minerals (ORA) is traded on Toronto Exchange in Canada and employs 24 people. Aura Minerals is listed under Metals & Mining category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 762.82 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Aura Minerals's market, we take the total number of its shares issued and multiply it by Aura Minerals's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Aura Minerals operates under Metals & Mining sector and is part of Materials industry. The entity has 72.24 M outstanding shares of which 6.61 K shares are now shorted by private and institutional investors with about 0.48 days to cover all short positions.
Aura Minerals has accumulated about 127.9 M in cash with 137.88 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.52.
Check Aura Minerals Probability Of Bankruptcy
Ownership AllocationAura Minerals holds a total of 72.24 Million outstanding shares. Aura Minerals retains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Aura Ownership Details
Aura Stock Price Odds Analysis
Contingent on a normal probability distribution, the odds of Aura Minerals jumping above the current price in 90 days from now is about 14.08%. The Aura Minerals probability density function shows the probability of Aura Minerals stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Aura Minerals has a beta of 0.793. This indicates as returns on the market go up, Aura Minerals average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Aura Minerals will be expected to be much smaller as well. Additionally, aura Minerals has an alpha of 0.2203, implying that it can generate a 0.22 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Aura Minerals to move above the current price in 90 days from now is about 14.08 (This Aura Minerals probability density function shows the probability of Aura Stock to fall within a particular range of prices over 90 days) .
Aura Minerals Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Aura Minerals market risk premium is the additional return an investor will receive from holding Aura Minerals long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Aura Minerals. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Aura Minerals' alpha and beta are two of the key measurements used to evaluate Aura Minerals' performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.33 | |||
| Semi Deviation | 1.47 | |||
| Standard Deviation | 1.84 | |||
| Variance | 3.39 |
Aura Stock Against Markets
Picking the right benchmark for Aura Minerals stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Aura Minerals stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Aura Minerals is critical whether you are bullish or bearish towards Aura Minerals at a given time. Please also check how Aura Minerals' historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Aura Minerals without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Aura Minerals Corporate Directors
Aura Minerals corporate directors refer to members of an Aura Minerals board of directors. The board of directors generally takes responsibility for the Aura Minerals' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Aura Minerals' board members must vote for the resolution. The Aura Minerals board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Juarez Avelar | Independent Director | Profile | |
| Tom Ogryzlo | Lead Independent Director | Profile | |
| William Murray | Independent Director | Profile | |
| Stephen Keith | Independent Director | Profile |
How to buy Aura Stock?
Before investing in Aura Minerals, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Aura Minerals. To buy Aura Minerals stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Aura Minerals. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Aura Minerals stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Aura Minerals stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Aura Minerals stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Aura Minerals, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Aura Minerals?
The danger of trading Aura Minerals is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Aura Minerals is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Aura Minerals. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Aura Minerals is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Aura Minerals. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. Note that the Aura Minerals information on this page should be used as a complementary analysis to other Aura Minerals' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Complementary Tools for Aura Stock analysis
When running Aura Minerals' price analysis, check to measure Aura Minerals' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Aura Minerals is operating at the current time. Most of Aura Minerals' value examination focuses on studying past and present price action to predict the probability of Aura Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aura Minerals' price. Additionally, you may evaluate how the addition of Aura Minerals to your portfolios can decrease your overall portfolio volatility.
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