Quarterly ResultAug 6, 2026, 02:06 PM
Aura Minerals Q2 Net Income $218M, Adjusted EBITDA $197M
AI Summary
Aura Minerals Inc. reported strong financial results for the second quarter of 2026, achieving a record net income of US$218 million and adjusted EBITDA of US$197 million. The company's year-to-date production reached 158k GEO, keeping it on track to meet its consolidated annual guidance. Aura also announced a new dividend of US$60 million and approved a share repurchase program of up to US$200 million, signaling confidence in its financial health and commitment to shareholder returns. Additionally, the Era Dorada Project is 60% complete, and the sale of the São Francisco Mine for US$9 million was finalized.
Key Highlights
- Q2 2026 Net Income reached a record US$218 million, benefiting from US$175 million Operating Income (+93% YoY).
- Adjusted EBITDA for Q2 was US$197 million, contributing to a record LTM EBITDA of US$801 million.
- Q2 2026 production was 75k GEO, bringing H1 2026 total production to 158k GEO, on track for annual guidance.
- Net Revenues for Q2 were US$336 million, a 12% decrease QoQ.
- AISC for Q2 was US$1,985/GEO, up 9% QoQ, with ex-MSG AISC at US$1,653/GEO.
- Recurring Free Cash Flow for Q2 was US$80 million (US$117 million excluding gold hedges).
- Net Debt stood at US$168 million, with a Net Debt/EBITDA LTM ratio of 0.2x.
- A new dividend of US$60 million (US$0.72/share) was declared, and a US$200 million share repurchase program was approved.
Price Impact
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