Aura Minerals Sinks 15% as Gold Miners Slide, GDX Down 5% - TIKR.com

AI desk brief

Gold fell about 3% to below $4,000/oz, a four-month low, after traders priced in more Fed rate hikes, and that pressure hit the miners hard: Aura Minerals dropped 15%, Newmont fell 5%, Agnico Eagle 6% and the GDX ETF lost 5%. The move highlights the high beta in miner equities to spot gold, with Aura again falling more than the sector ETF.

The article argues the larger miners are still generating strong cash flow at current prices, citing Newmont’s $1.9bn of Q3 free cash flow and Agnico’s 74.5% gross margin over the past 12 months. Aura’s next results are framed as the key catalyst, with analysts expecting 2026 normalized EPS of $6.23 versus $2.63 in 2025, but the stock likely remains vulnerable if gold keeps sliding.