Aura Minerals director Bruno Sousa Mauad buys $868,230 in shares
On August 17, 2026, Bruno Sousa Mauad, a director at Aura Minerals Inc., purchased 11,000 common shares of the company, totaling around $868,230. This insider purchase is significant given the stock's impressive 180% return over the past year and its current price below the InvestingPro Fair Value estimate, indicating potential undervaluation.
These shares were bought in several transactions at prices varying from $78.26 to $79.32 per share. Following the acquisition, Mr. Sousa Mauad indirectly owns 448,765 common shares via Kapitalo Investimentos. For further details on Aura Minerals' financial status and growth potential, InvestorsPro provides a comprehensive Pro Research Report on this and 1,400+ other US equities.
Recently, Aura Minerals reported its second-quarter 2026 earnings which fell short of Wall Street's expectations. The company reported adjusted earnings of $1.16 per share, below the projected $1.29, and revenue slightly below estimates at $335.97 million against the expected $337.76 million. The revenue shortfall was due to a strategic decision to curtail production at its Mensagem mine, focusing instead on underground development and infrastructure upgrades.
Despite this earnings miss, Aura Minerals kept its full-year production guidance of 340,000 to 390,000 ounces. The company also declared a dividend of $0.72 per share and launched a $200 million share buyback program. Aura Minerals reported adjusted EBITDA of $197 million and noted that its last twelve months EBITDA exceeded $800 million.
The company's net income for the quarter reached a record $218 million, supported by non-cash unrealized gains on gold derivatives. Excluding these gains, the adjusted net income was $97 million, which was lower than the previous quarter.
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