Benzinga’s Top Picks Aura Mineral Ice Eye

With money Copper Producer Aura minerals (OTCQX:Olaf) It is preparing to raise approximately $210 million through the US list, aiming to expand its investor base beyond the current markets in Canada and Brazil.

The company plans to provide 8.1 million shares; NASDAQ Global Select Market Under the AUGO ticker.

Although headquartered in Florida, Aura is listed on the Toronto Stock Exchange (TSX) and the B3 Exchange in Brazil. US list It will provide access to major capital markets and open a new chapter for the company.

Proceeds from the offering fund a $76 million cash portion of the June acquisition Ceragrand mining from Anglogold Ashanti– Movement to increase miners’ operations in Brazil.

Founder Paulo Carlos de Brit It remains a shareholder of the shareholders who hold about 53% of Aura’s outstanding shares.

The operation of the aura focuses on the Ratham region. It operates in Brazil, Mexico, Honduras and Colombia, and has additional projects under development in Guatemala.

The company calls its operational philosophy, “360° mining,” and covers sustainability, community engagement and integrated value creation throughout the entire mining lifecycle.

Aura was chosen as one of the Benzinga Top 4 Mining Stocks for 2024attract attention with value, improve all-insting costs, and large dividends. Stocks rose 85% in 2024, and increased its momentum in 2025, almost 100% since the start of the year to reach a market capitalization of $2.67 billion ($1.96 billion).

The entire gold sector benefits from the favorable macroeconomic dynamics. Spot Gold prices have skyrocketed 26.5% this year due to geopolitical instability, inflation hedges and continued central bank purchases. In May alone, the central bank added 20 tons to its global reserves.

“Gold is one of the most optimal hedges for a unique combination of stagflation, recession, decline and US policy risk.” I said Natasha KanevaHead of Global Commodities Strategy jpmorgan.

Banks averaging $3,675/ounce in the fourth quarter of 2025, surpassing $4,000 by 2026, supporting bullish sentiment in gold stocks like Aura.

Top institutions such as Bank of America and Goldman Sachsleads the US offering of Aura. The final offer price is based on the TSX closing price on July 14th, ahead of the NASDAQ debut the following day.

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