AUGO
AUGO
Aura MineralsCompany Information
Recommendation Details
Midcap holds up to 5 names drawn from Mid caps above $2B, most volatile third by model volatility score. The most volatile third of the mid-cap band on a 6 to 8 day window. Positions are held for 6-8 days, each position carries a 25% stop-loss. Benchmark: S&P MidCap 400.
Company Description
Aura Minerals Inc. is a company primarily engaged in the production of gold and copper, focusing its efforts on developing and managing various gold and other base metal mining ventures throughout the Americas. Its operational footprint spans several key segments, including the Minosa, Apoena, and Aranzazu Mines, alongside the Almas and Borborema Projects, complemented by its corporate division. The company's core exploration activities are directed towards identifying deposits rich in gold, copper, and silver. Founded in 1946, it initially operated under the name Aura Gold Inc. before officially rebranding to Aura Minerals Inc. in July 2007. Its principal office is situated in Coconut Grove, Florida.