Aura Minerals Inc. (NASDAQ: AURO) disclosed on Thursday that director Bruno Sousa Mauad sold 125,000 common shares at $86 per share, generating proceeds of $10.75 million. The transaction, filed under SEC Form 4, occurred on August 20, 2026, and follows a 78% year-to-date increase in the company’s stock price to $87.37.
Mauad also disposed of 114,617 Brazilian Depositary Receipts (BDRs) through his indirect holdings in Kapitalo Investimentos. The BDR sales were executed in two tranches: 39,533 units at a weighted average price of $28.32 and 75,084 units at a weighted average price of $29.06, totaling approximately $3.3 million. The BDRs were converted at a ratio of three to one common share, with an additional 250,000 common shares acquired at $86.57 per share, funded by the disposal of 750,000 BDRs at $28.93 each.
The director’s post-transaction indirect holdings include 293,765 common shares and 14.77 million BDRs through Kapitalo Investimentos. The stock’s 78% year-to-date gain and 231% rise over the past year reflect strong market performance despite a second-quarter earnings miss.
Aura Minerals reported adjusted earnings of $1.16 per share for Q2 2026, below Wall Street’s $1.29 per share estimate, while revenue totaled $335.97 million, slightly below the $337.76 million forecast. The company attributed the revenue shortfall to a strategic reduction in production at its Mensagem mine to support underground development and infrastructure upgrades. Full-year gold production guidance remains unchanged at 340,000 to 390,000 ounces.
The company declared a dividend of $0.72 per share and maintained a $200 million share buyback program. Adjusted EBITDA for the quarter reached $197 million, with LTM EBITDA exceeding $800 million. Net income for the period rose to a record $218 million, driven in part by non-cash unrealized gains on gold derivatives.
