Aura Minerals Inc. disclosed that director Bruno Sousa Mauad sold 127,500 common shares on August 31, 2026, for a total of $10.35 million at $81.20 per share. The transaction was executed through Kapitalo Investimentos, which holds indirect holdings in the company.
In a separate move, Mauad acquired 10 common shares for $798 and converted 7,225 Brazilian Depositary Receipts (BDRs) into common shares, spending $585,629. The BDR conversions occurred at weighted average prices ranging from $79.89 to $82.05. Additionally, Mauad sold BDRs in multiple transactions at prices between $26.50 and $27.16, with a weighted average of $26.7386. Each three BDRs represent one common share of Aura Minerals.
The company’s shares were trading at $84.60 at the time of the disclosure, up from the transaction price but down 5% over the prior week. Over the past year, Aura Minerals has delivered an 184% return. The insider’s activity follows derivative transactions reported in August 2026, including the voluntary termination of some unexercised options on August 31.
Aura Minerals also reported Q2 2026 earnings that fell short of expectations. Adjusted earnings came in at $1.16 per share, below the forecasted $1.29 per share, while revenue totaled $335.97 million, slightly under the anticipated $337.76 million. The company maintained its full-year production guidance of 340,000 to 390,000 ounces and reported adjusted EBITDA of $197 million. Long-term EBITDA exceeded $800 million.
Shareholder returns included a $0.72 per share dividend and a $200 million share buyback program. The revenue shortfall was attributed to a strategic decision to reduce production at the Mensagem mine to prioritize underground development and infrastructure improvements.
