Oct. 30 at 9:05 PM
$ORAAF Hi guys! Aura Minerals’ Recent Acquisition of Bluestone Resources: What it Means for the Portfolio
With Aura’s acquisition of Bluestone Resources, FRC analysts are seeing an expansion in their gold output potential, especially with the near-production Cerro Blanco project.
For investors, this acquisition is a strategic move towards immediate production capacity without the usual development lag time. Aura's presence across Latin America will benefit from this addition, particularly given the strength of the Cerro Blanco asset in Guatemala.
➡️ Fundamental Research Corp's analysts' weekly mining commentary dives into the strategy behind this news. Read here for free: https://www.researchfrc.com/content/analyst-ideas/post/154/mining-mergers-acquisitions-recent-trends-in-the-junior-mining-sector