Aura Min Stock Price, News & Analysis

Aura Minerals (OTCQX: ORAAF) has announced the launch of a significant U.S. public offering of common shares, aiming to raise approximately US$210 million. The company plans to list its shares on the Nasdaq Global Select Market under the symbol "AUGO".

The offering is being led by global coordinators BofA Securities and Goldman Sachs, with BTG Pactual and Itaú BBA as Joint Bookrunners. The company will grant underwriters a 30-day option to purchase additional shares at the public offering price. The offering will be conducted through a registration statement filed with the SEC, which is pending effectiveness.

Notably, the offering excludes shareholders' preemptive rights and will not constitute a public offering in Brazil or Canada, with specific restrictions for these markets.

Aura Minerals (OTCQX: ORAAF) has reported its preliminary Q2 2025 production results, achieving 64,033 gold equivalent ounces (GEO), marking a 7% increase from Q1 2025 and remaining stable year-over-year. At constant prices, production grew 9% compared to both previous periods.

The company's flagship Aranzazu mine produced 22,281 GEO (9% QoQ increase), while Minosa delivered 18,039 GEO (2% QoQ increase). Almas contributed 12,917 GEO (22% YoY growth), and Apoena produced 8,219 GEO. Notably, the new Borborema project achieved its first production of 2,577 GEO and is expected to reach commercial production by Q3 2025.

Aura Minerals (ORAAF) held its Annual General Meeting of Shareholders on June 16, 2025, via live webcast. The meeting resulted in the successful election of six directors, with Paulo de Brito receiving 99.943% approval, Paulo de Brito Filho 93.761%, Stephen Keith 99.946%, Pedro Turqueto 99.983%, Richmond Fenn 99.982%, and Bruno Mauad 99.649%. One nominee, Marcelo De Andrade, withdrew. Shareholders also approved the appointment of KPMG LLP and KPMG Auditores Independentes Ltda. as auditors with 99.978% support. Aura operates five gold and base metal mines across Honduras, Brazil, and Mexico, with additional projects in Guatemala, Colombia, and Brazil.

Aura Minerals announced the Preliminary Economic Assessment (PEA) for its Era Dorada Project in Guatemala, acquired from Bluestone Resources in January 2025. The project boasts Indicated Mineral Resources of 1.9M oz gold at 9.31 g/t, with projected total production of 1.4M oz over 17 years LOM. Key financial metrics include initial capex of $264M, after-tax NPV of $485M at $2,410/oz gold price, and IRR of 24%. The underground mine project expects average production of 91k oz gold annually in the first 4 years with cash costs of $1,072.4/oz. Located near Asunción Mita, the project benefits from good infrastructure, accessibility via Pan-American Highway, and proximity to trained labor force. The deposit is a low-sulphidation epithermal gold-silver system with high-grade vein and low-grade disseminated mineralization.

Aura Minerals (ORAAF) has filed a registration statement with the SEC for a proposed U.S. public offering and Nasdaq listing under the symbol 'AUGO'. The offering's size and price range are yet to be determined. The company aims to improve stock liquidity and consolidate its presence in the U.S. equity market. BofA Securities and Goldman Sachs are serving as Global Coordinators, with BTG Pactual and Itaú BBA as Joint Bookrunners. Additional Co-Managers include Bradesco BBI, National Bank of Canada Financial Markets, RBC Capital Markets, and Scotiabank. The offering will proceed once the SEC completes its review and will be made available through a prospectus. The offering will not constitute a public offering in Brazil and has not been registered with the Brazilian Securities Commission (CVM).

Aura Minerals has released its 5th Annual Sustainability Report for 2024, highlighting significant progress across ESG initiatives. The company increased production from 236,000 to 267,000 gold equivalent ounces and achieved 90% adherence to World Gold Council's Responsible Mining Principles. Key achievements include zero lost time incidents at Borborema construction, R$6.1 million investment in community development, 40% local supplier procurement, and GPTW certification across all units with 78% favorability. The company strengthened its digital transformation through Aura Analytics platform, reassessed GHG emissions inventories, and maintained strong safety standards with only one lost-time accident in 24 months. The report, prepared under GRI standards, demonstrates Aura's commitment to sustainable mining practices and operational excellence.

Aura Minerals has entered into a Share Purchase Agreement to acquire Mineração Serra Grande (MSG) gold mine in Goiás, Brazil from AngloGold Ashanti. The transaction is valued at $76 million upfront cash plus a 3% net smelter returns participation. Serra Grande has produced over 3 million ounces since 1998, with peak production of 193,000 ounces in 2006. The deal excludes certain MSG subsidiaries not related to mining operations and is subject to conditions including Brazilian anti-trust approval and decommissioning of a legacy tailings dam. Expected closing is by Q3 2025. Aura aims to leverage its turnaround expertise to enhance performance, boost production, reduce costs, and extend the mine's life.

Aura Minerals (TSX: ORA, OTCQX: ORAAF) has declared a dividend of US$0.40 per common share (approximately US$30 million total) and US$0.1333 per BDR, payable on May 20, 2025. This dividend, which exceeds the company's minimum dividend policy requirements, includes US$13.5 million from the Serrote project sale to Appian Capital LLC.

The dividend will be paid to shareholders of record as of May 13, 2025. BDR holders will receive payment around May 30, 2025, in Brazilian Reais. Based on the May 2, 2025 exchange rate of BRL 5.8866/USD, BDR holders will receive approximately BRL 0.784879 per BDR.

The company has maintained strong shareholder returns with combined dividend and buyback yields of 13.5% (2021), 6% (2022), 6% (2023), 7% (2024), and 11% in the last twelve months, positioning Aura among the top-yielding companies in the global gold mining sector.

Aura Minerals (ORAAF) reported its Q1 2025 financial results with record high Adjusted EBITDA of $81.5M, up 53% year-over-year. Despite total production decreasing 12% to 60,087 gold equivalent ounces (GEO), net revenue increased 23% to $161.8M driven by higher gold prices averaging $2,786/oz. The company achieved significant milestones including the completion of the Borborema project on schedule and budget within 19 months with zero lost time incidents. The project is expected to produce 33,000-40,000 ounces in 2025. Net debt stood at $271.9M with a net-debt-to-EBITDA ratio of 0.9x. Despite lower production volumes, Aura maintains its 2025 guidance of 266,000-300,000 GEO. The company's AISC was $1,461/GEO, higher than Q4 2024 but within guidance range.