Aura Announces Q3 2023 Financial and Operational Results and Guidance Update
ROAD TOWN, British Virgin Islands, Nov. 06, 2023 (GLOBE NEWSWIRE) -- Aura Minerals Inc. (TSX: ORA) (B3: AURA33) (OTCQX: ORAAF) (“Aura” or the “Company”) announces that it has filed its unaudited consolidated financial statements and management discussion and analysis (together, “Financial and Operational Results”) for the period ended September 30, 2023 (“Q3 2023”).
- ROAD TOWN, British Virgin Islands, Nov. 06, 2023 (GLOBE NEWSWIRE) -- Aura Minerals Inc. (TSX: ORA) (B3: AURA33) (OTCQX: ORAAF) (“Aura” or the “Company”) announces that it has filed its unaudited consolidated financial statements and management discussion and analysis (together, “Financial and Operational Results”) for the period ended September 30, 2023 (“Q3 2023”).
- The full version of the Financial and Operational Results can be viewed on the Company’s website at www.auraminerals.com or on SEDAR at www.sedar.com .
- These efforts have solidified our strategy to reach an annualized production rate of 450,000 GEO by 2025.”
Q3 2023 Financial and Operational Highlights:
Production reached 64,875 GEO in Q3 2023, an increase of 34% compared to Q2 2023 and 12% compared to Q3 2022. - Adjusted EBITDA was $30,020 in Q3 2023, an improvement of 13% compared to $26,596 in Q2 2023, as a result of higher production and sales volumes.