Market News / Story
Aura Minerals surges 11% after Q3 production hits record
Seeking Alpha ·
Seeking Alpha reports: Aura Minerals jumped 10.7% in Friday's trading after reporting Q3 preliminary results for its six operating mines that included record-high production of 95,557 gold equivalent oz, up 27% Q/Q and 29% Y/Y, keeping the company on track to meet its full-year guidance. At constant prices, Aura's quarterly production is expected to have increased by 26% Q/Q and 25% Y/Y, and Q3 sales totaled 93,742 gold equivalent oz, up 20% Q/Q and 7% Y/Y, mainly due to higher sales at…