Aura Minerals Inc. (NASDAQ: AUGO)

Sector: Basic Materials Industry: Gold CIK: 0001468642
Market Cap 3.80 Bn
P/B 11.79
P/E -125.60
P/S 6.40
ROIC (Qtr) 0.00
Div Yield % 1.54
Rev 1y % (Qtr) 58.71
Total Debt (Qtr) 429.78 Mn
Debt/Equity (Qtr) 1.33

About

Price action

Investment thesis

Bull case

  • Healthy cash reserves of 351.41M provide 3.91x coverage of short-term debt 89.81M, demonstrating strong liquidity position and minimal refinancing risk.
  • Strong tangible asset base of 1.43B provides 3.32x coverage of total debt 429.78M, indicating robust asset backing and low credit risk.
  • Robust tangible asset base of 1.43B provides 7.38x coverage of working capital 193.73M, indicating strong operational backing.
  • Cash reserves of 351.41M provide robust 1.12x coverage of current liabilities 314.62M, indicating strong short-term solvency.
  • Tangible assets of 1.43B provide robust 14.38x coverage of other current liabilities 99.37M, indicating strong asset backing.

Bear case

  • Other current assets of 22.72M provide weak coverage of payables of 125.45M, which is 0.18x, suggesting potential working capital stress in near term.
  • Inventory of 121.08M consumes 0.62x of working capital 193.73M, suggesting inefficient inventory management and potential liquidity constraints.
  • Current liabilities of 314.62M significantly exceed receivables of 13.14M, which is 23.94x, indicating potential working capital stress.
  • Other current liabilities of 99.37M represent a high 7.56x of receivables 13.14M, suggesting potential short-term liquidity pressure.
  • Short-term debt of 89.81M exceeds receivables of 13.14M by 6.83x, suggesting potential refinancing risk if collections slow.

Peer comparison

Companies in the Gold
S.No. Ticker Company Market Cap P/E P/S Total Debt (Qtr)
1 NEM NEWMONT Corp /DE/ 121.63 Bn 16.92 5.66 5.65 Bn
2 AEM Agnico Eagle Mines Ltd 96.06 Bn 27.86 9.09 0.34 Bn
3 B Barrick Mining Corp 82.76 Bn 23.10 5.67 4.71 Bn
4 WPM Wheaton Precious Metals Corp. 56.61 Bn 56.52 30.93 0.01 Bn
5 FNV FRANCO NEVADA Corp 44.11 Bn 47.96 28.52 0.00 Bn
6 KGC Kinross Gold Corp 38.43 Bn 21.85 5.96 1.24 Bn
7 PAAS Pan American Silver Corp 19.78 Bn 31.19 6.08 0.86 Bn
8 AGI Alamos Gold Inc 17.45 Bn 32.41 10.85 0.28 Bn

Industry comparisons

Current Valuation Value Ind Avg Percentile
EV to Assets EV to Assets 0.00 3.17
EV to Cash from Ops. EV to Cash from Ops. 0.00 -11.55
EV to Debt EV to Debt 0.00 548.67
EV to EBIT EV to EBIT 0.00 12.24
EV to EBITDA EV to EBITDA 0.00 3.14
EV to Free Cash Flow [EV/FCF] EV to Free Cash Flow [EV/FCF] 0.00 12.17
EV to Market Cap EV to Market Cap 0.00 1.72
EV to Revenue EV to Revenue 0.00 7.50
Price to Book Value [P/B] P/B 11.79 5.26
Price to Earnings [P/E] P/E -125.60 -1.39
Dividend Metrics Value Ind Avg Percentile
Dividend Coverage Ratio Div Coverage (Qtr) 0.00 1.54
Dividend Payout Ratio % Div Payout % (Qtr) 0.00 5.40
Dividend per Basic Share Div per Share (Qtr) 0.33 0.17
FCF Dividend Payout Ratio % FCF Div Payout % (Qtr) 0.00 10.25
Interest Coverage Int. cover (Qtr) 0.00 406.21
Growth Metrics Value Ind Avg Percentile
Capex Growth (1y) % Capex 1y % (Qtr) 0.00 -97.36
Cash and Equivalents Growth (1y) % Cash & Equiv 1y % (Qtr) 0.00 130.91
Dividend Growth (1y) % Dividend Growth (1y) % 0.00 -5.27
EBIAT Growth (1y) % EBIAT 1y % (Qtr) 0.00 518.35
EBITDA Growth (1y) % EBITDA 1y % (Qtr) 0.00 53.19
EBIT Growth (1y) % EBIT 1y % (Qtr) 0.00 679.30
EBT Growth (1y) % EBT 1y % (Qtr) 0.00 144.05
EPS Growth (1y) % EPS 1y % (Qtr) 0.00 224.62
FCF Growth (1y) % FCF 1y % (Qtr) 0.00 171.65
Gross Profit Growth (1y) % Gross Profit 1y % (Qtr) 0.00 84.25
Liquidity Ratios Value Ind Avg Percentile
Asset Utilization Ratio Asset Util Ratio (Qtr) 0.00 0.26
Cash Payout Ratio Cash Payout (Qtr) 0.00 0.03
Cash Ratio Cash Ratio (Qtr) 1.12 3.14
Current Ratio Curr Ratio (Qtr) 1.62 4.90
Debt to Equity Ratio Debt/Equity (Qtr) 1.33 0.27
Interest Cover Ratio Int Coverage (Qtr) 0.00 406.21
Times Interest Earned Times Interest Earned (Qtr) 0.00 406.21
Profitability Value Ind Avg Percentile
EBITDA Margin % EBITDA Margin % (Qtr) 0.00 -19.19
EBIT Margin % EBIT Margin % (Qtr) 0.00 -44.57
EBT Margin % EBT Margin % (Qtr) 0.00 -34.79
Gross Margin % Gross Margin % (Qtr) 0.00 30.59
Net Profit Margin % Net Margin % (Qtr) 0.00 -40.44