Aura Minerals Inc. (NASDAQ: AUGO) disclosed director Bruno Sousa Mauad’s share transactions totaling $32.39 million, reflecting a mixed approach to portfolio management.
On August 20, 2026, Mauad sold 125,000 common shares at $86.00 each, generating proceeds of $10.75 million. Following the sale, his direct beneficial ownership in common shares declined to 43,765. The stock, which closed at $89.24, has delivered a 225% return over the past 12 months.
Separately, Mauad indirectly acquired 250,000 common shares through Kapitalo Investimentos at $86.57 per share, a transaction valued at $21.64 million. This acquisition involved exchanging Brazilian Depository Receipts (BDRs) into common shares, with three BDRs converted for each common share.
The director also executed BDR dispositions totaling 864,617 units, representing 287,485.67 common shares, across multiple transactions. These included the disposal of 39,533 BDRs at an average price of $28.32, 75,084 BDRs at $29.06, and 750,000 BDRs through conversion at $28.93 per BDR.
The transactions were disclosed in an SEC Form 4 filing published on August 27, 2026. Aura Minerals reported second-quarter 2026 adjusted earnings of $1.16 per share, missing the Wall Street consensus of $1.29, while revenue reached $335.97 million, slightly below the expected $337.76 million. The company maintained its full-year production guidance of 340,000 to 390,000 ounces and announced a $0.72 per share dividend alongside a $200 million buyback program. Adjusted EBITDA for the quarter stood at $197 million, with LTM EBITDA exceeding $800 million.
Net income for the period surged to a record $218 million, driven by non-cash unrealized gains on gold derivatives, while adjusted net income was $97 million. Revenue fell short due to a strategic reduction in production at the Mensagem mine, aimed at prioritizing underground development and infrastructure enhancements.
