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Aura Minerals director sells $19.6 mln in shares after BDR conversion

Bruno Sousa Mauad sold 222,652 ordinary shares worth $19.6 million following a BDR conversion and acquisition program. Quarterly results showed adjusted EPS of $1.16 and revenue of $336 million.

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Priya Anand · Equities & Earnings Desk · 31 Aug 2026 · 22:59 · 1 min read
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Aura Minerals director sells $19.6 mln in shares after BDR conversion

Aura Minerals Inc. director Bruno Sousa Mauad sold 222,652 ordinary shares for $19.6 million on August 21, 2026, according to an SEC Form 4 filing. The transactions were executed through Kapitalo Investimentos, with shares sold at $88.11 each.

The director also reported the acquisition of 125,000 ordinary shares at $87.45 per share via the conversion of Brazilian Depository Receipts (BDRs), increasing his indirect stake to 196,113 shares. Additionally, Mauad sold 22,386 BDRs at an average price of $29.79, reducing his BDR holdings to 14.7 million. A further 375,000 BDRs were converted into ordinary shares at $28.95 each, bringing his total BDR stake to 14.4 million.

The transactions follow Aura Minerals' second-quarter 2026 results, which showed adjusted earnings per share of $1.16, below the estimated $1.29. Revenue totaled $336 million, slightly below the $338 million forecast, attributed to reduced production at the Mensagem mine to prioritize underground development.

The company maintained its annual production guidance of 340,000 to 390,000 ounces and announced a $0.72 per share dividend alongside a $200 million share buyback program. Adjusted EBITDA reached $197 million for the quarter, with a 12-month trailing figure exceeding $800 million. Net income hit a record $218 million, driven by non-realized gains on gold derivatives, while adjusted net income stood at $97 million.

Aura Minerals' shares have surged 232% over the past year, currently trading at $90.47.

This article was produced with AI assistance and edited by a Finance Review Daily journalist.
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Written by
Priya Anand
Equities & Earnings Desk

Priya covers listed equities and corporate earnings, reading quarterly results and guidance for what they signal about sector health and forward valuations.

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