Aura Minerals Earnings Call Transcripts
Fiscal Year 2026
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Production has more than doubled in recent years, with further growth expected from new projects and expansions. Strong cash flows, disciplined capital allocation, and consistent dividends support a robust financial position. ESG initiatives and community engagement are central to future developments.
Fiscal Year 2025
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Record production and EBITDA were achieved in 2025, driven by higher gold prices, disciplined cost control, and successful project execution. MSG acquisition and plant expansions position the company for further growth, with strong dividends and low leverage maintained.
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Production will more than double to over 600,000 ounces, fully funded by internal cash flow, focusing on high-return projects and disciplined capital allocation. Dividend yields are among the sector’s highest, while new projects and improvements are expected to lower costs, extend mine life, and support sustainable growth.
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Record Q3 production and EBITDA were driven by higher gold prices, stable costs, and Borborema's ramp-up. Strong cash flow and a robust balance sheet enabled high dividends and further growth investments, with MSG acquisition and greenfield projects advancing.
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Record Q2 results with $106M adjusted EBITDA and $190M revenue, driven by higher production and gold prices. Borborema ramp-up, MSG acquisition, and NASDAQ IPO mark key milestones, with guidance reaffirmed and strong dividend yield maintained.
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Record EBITDA and revenues achieved despite lower production, driven by surging gold prices and disciplined cost management. Borborema construction completed on time, with ramp-up underway and strong dividend payouts maintained. Net loss reflects non-cash hedge impacts.
Fiscal Year 2024
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Record 2024 results included doubled EBITDA, record production, and strong cash flow, with Almas and Borborema driving growth. Guidance for 2025 anticipates stable production and higher costs due to investment at Apoena, while liquidity and valuation gaps remain key focus areas.
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Disciplined execution and empowered teams drive strong production growth, efficient capital allocation, and industry-leading cost control. Strategic M&A, robust ESG practices, and innovative exploration underpin a clear path to 450,000–500,000 ounces, with continued dividends and responsible leverage.
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A holistic mining strategy focuses on high returns, cost control, and sustainable growth in the Americas, with major projects like Almas and Borborema driving expansion. Strong dividends, low leverage, and exploration success underpin ambitious production and profitability targets.
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Record Q3 production and EBITDA were driven by higher output, lower costs, and strong gold prices, with Borborema construction on track and a new acquisition in Guatemala pending. Adjusted net income was positive, but reported a net loss due to hedge mark-to-market losses. Production guidance and cost control remain solid.
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Q2 2024 saw record revenues and strong EBITDA, despite lower production due to mine sequencing and a contractor change. H2 is expected to be stronger, with lower costs and higher output, while Borborema remains on track for 2025 ramp-up.