Aura Minerals director Bruno Sousa Mauad sold $19.6 million in common shares on August 21, 2026, according to an SEC Form 4 filing. The transactions were executed at a weighted average price of $88.11 per share, with 222,652 shares sold in total.
Following the sale, Mauad’s indirect beneficial ownership in Aura Minerals common shares declined to 71,113. However, he simultaneously increased his exposure through an exchange of Brazilian Depository Receipts (BDRs) into common shares. Mauad acquired 125,000 common shares at $87.45 each, raising his indirect ownership to 196,113 shares.
Separately, Mauad sold 22,386 BDRs at an average price of $29.79, reducing his BDR holdings to 14,747,786 units. An additional 375,000 BDRs were converted into common shares at $28.95 per unit, further adjusting his indirect ownership to 14,372,786 BDRs.
Aura Minerals reported adjusted earnings of $1.16 per share in the second quarter of 2026, missing Wall Street estimates of $1.29, while revenue totaled $335.97 million, slightly below projections of $337.76 million. The company attributed the revenue shortfall to reduced production at its Mensagem mine, as it prioritized underground development and infrastructure upgrades. Full-year production guidance remains unchanged at 340,000 to 390,000 ounces.
The miner also declared a dividend of $0.72 per share and announced a $200 million share buyback program. Adjusted EBITDA for the last twelve months exceeded $800 million, with LTM net income reaching a record $218 million, though adjusted net income was $97 million, supported by non-cash unrealized gains on gold derivatives.
