Bruno Sousa Mauad, a director at Aura Minerals Inc., sold 127,500 common shares on Aug. 31 for $10.35 million at $81.20 per share, according to regulatory filings. The transaction follows the voluntary closure of derivative positions without exercise and coincides with a broader stock rally.
In a separate move, Mauad acquired 10 common shares at $79.89 each and converted 7,225 Brazilian Depositary Receipts (BDRs) into common shares, totaling $585,629. The BDR conversions were executed at weighted average prices ranging from $79.89 to $82.05, with a conversion ratio of three BDRs to one common share. BDRs were sold in multiple transactions at prices between $26.50 and $27.16, averaging $26.7386 per BDR.
Aura Minerals' stock was trading at $84.60 at the time of the report, up from the $81.20 sale price, reflecting a 184% gain over the past year. The company's shares have retraced 5% in the last week. The transactions occurred as Aura Minerals reported adjusted earnings per share of $1.16 for Q2 2026, missing estimates of $1.29, with revenue of $335.97 million slightly below the projected $337.76 million.
Adjusted EBITDA for the quarter reached $197 million, while trailing twelve-month EBITDA exceeded $800 million. The company maintained its annual gold production guidance of 340,000 to 390,000 ounces, despite reducing output at the Mensagem mine to prioritize underground development and infrastructure upgrades. Shareholder returns included a $0.72 per share dividend and a $200 million share buyback program announced earlier in 2026.
Aura Minerals, listed on NASDAQ under the ticker AUGO and locally as AURA33, operates the Mensagem mine among its assets. The transactions were facilitated through Kapitalo Investimentos, according to the filings.
