Aura Minerals Inc. (NASDAQ: AUGO) director Bruno Sousa Mauad sold 125,000 common shares for $10.75 million on August 20, according to regulatory filings. The transaction occurred at $86 per share, following a 78% year-to-date gain and a 231% increase over the past 12 months for the miner’s stock, which was trading at $87.37 at the time of reporting.
The director also sold 114,617 Brazilian Depositary Receipts (BDRs) indirectly through Kapitalo Investimentos in two tranches. The first batch of 39,533 BDRs was sold at an average price of $28.32, while the second tranche of 75,084 BDRs fetched an average of $29.06, totaling approximately $3.30 million. Each three BDRs correspond to one common share of Aura Minerals.
In a separate but concurrent move, Mauad acquired 250,000 common shares indirectly via Kapitalo Investimentos by converting 750,000 BDRs at $28.93 each, spending $21.64 million. After these transactions, his indirect holdings through Kapitalo stood at 293,765 common shares and 14.77 million BDRs.
Aura Minerals reported Q2 2026 adjusted earnings per share of $1.16, below market expectations of $1.29, while revenue reached $336 million, slightly below the $338 million estimate. The company attributed the revenue shortfall to a strategic reduction in production at its Mensagem mine to facilitate underground development and infrastructure upgrades. Annual production guidance remained unchanged at 340,000 to 390,000 ounces.
The miner declared a quarterly dividend of $0.72 per share and maintained its $200 million share buyback program. Adjusted EBITDA for the quarter was $197 million, with trailing 12-month EBITDA exceeding $800 million. Net income surged to a record $218 million, driven by non-cash unrealized gains on gold derivatives.
