Aura Minerals Inc. J (AUGO)
NASDAQ:AUGO
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Aura Minerals
(NASDAQ:AUGO)
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Rating:54Neutral
Price Target:
$83.00
▼(-23.95% Downside)
Action:ReiteratedDate:05/08/26
The score is held back primarily by elevated balance-sheet risk and bottom-line volatility despite strong operating metrics and cash flow. Near-term technicals are weak (below key moving averages with negative MACD). Offsetting factors include a constructive earnings call with reaffirmed guidance, strong free cash flow and liquidity, and a moderate dividend yield despite negative P/E.
Positive Factors
Strong cash generation and free cash flow
Sustained positive operating cash flow and a material rebound in free cash flow provide durable funding for growth capex, dividends and debt reduction. This cash-generation capacity underpins capital allocation flexibility through project development (Era Dorada) and supports dividend policy even if commodity cycles soften.
Negative Factors
Rising leverage and balance-sheet pressure
Materially higher leverage reduces financial flexibility, increases interest and refinancing risk, and limits the company’s ability to absorb commodity or operational shocks. With equity relatively modest, sustained adverse metal prices or project delays could force tougher capital choices or equity issuance that dilute returns.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong cash generation and free cash flow
Sustained positive operating cash flow and a material rebound in free cash flow provide durable funding for growth capex, dividends and debt reduction. This cash-generation capacity underpins capital allocation flexibility through project development (Era Dorada) and supports dividend policy even if commodity cycles soften.
Read all positive factors
Aura Minerals (AUGO) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$6.88B
Dividend Yield2.81%
Average Volume (3M)1.02M
Price to Earnings (P/E)17.5
Beta (1Y)0.84
Revenue Growth83.13%
EPS GrowthN/A
CountryUS
Employees1,337
SectorBasic Materials
Sector Strength58
IndustryGold
Share Statistics
EPS (TTM)-1.06
Shares Outstanding83,789,220
10 Day Avg. Volume948,938
30 Day Avg. Volume1,016,289
Financial Highlights & Ratios
PEG Ratio-0.40
Price to Book (P/B)15.50
Price to Sales (P/S)4.47
P/FCF Ratio52.46
Enterprise Value/Market Cap1.04
Enterprise Value/Revenue7.76
Enterprise Value/Gross Profit13.50
Enterprise Value/Ebitda45.97
Forecast
1Y Price Target
$110.50Price Target Upside1.25% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering3
EPS Forecast (FY)10.88
Revenue Forecast (FY)$1.76B
Aura Minerals Business Overview & Revenue Model
Company Description
Aura Minerals Inc., a gold and copper production company, focuses on the development and operation of gold and base metal projects in the Americas. The company's producing assets include the San Andres gold mine in Honduras; the Ernesto/Pau-a-Piqu...
How the Company Makes Money
Aura Minerals primarily makes money by selling metals produced from its mining operations. Its core revenue stream is the sale of gold (commonly produced as doré bars that are sold to refiners or metal traders) and, where applicable, the sale of c...
Aura Minerals Earnings Call Summary
Earnings Call Date:May 06, 2026
(Q1-2026)
| % Change Since: |
Next Earnings Date:Aug 11, 2026
Earnings Call Sentiment Positive
The call presented multiple strong operational and financial achievements — record revenue, record adjusted EBITDA, higher liquidity and trading volumes, a large reserves upgrade, improving net leverage, strong free cash flow and approved construction of a high‑quality project (Era Dorada). Most negatives were short‑term and operational: consolidation impacts from the MSG acquisition (raising near‑term costs and requiring a turnaround), mine sequencing effects depressing H1 production and costs, hedge mark‑to‑market volatility, a safety incident and some plant bottlenecks. Management provided timelines and mitigation plans for the main issues (MSG turnaround, Borborema filter additions, H2 production pickup), and reiterated confidence in full‑year guidance, balance sheet flexibility and dividend capacity.Positive Updates
Record Quarterly Revenue and LTM Revenue
Revenue reached a record quarterly level of $383 million (management figure); last-12-month revenue exceeded $1.1 billion.
Negative Updates
All‑in Sustaining Cash Cost Increase
AISC increased to $1,829/oz in Q1 from $1,521/oz in the prior quarter (+~20%), driven largely by consolidation of MSG and short‑term mine sequencing effects. Management estimates AISC excluding MSG would be close to $1,500/oz and expects improvements later in the year.
Read all updates
Q1-2026 Updates
Positive
Negative
Record Quarterly Revenue and LTM Revenue
Revenue reached a record quarterly level of $383 million (management figure); last-12-month revenue exceeded $1.1 billion.
Read all positive updates
Company Guidance
The company reaffirmed 2026 production guidance of 340–390 koz (Q1 actual 82.1 koz including MSG) with stronger output expected in H2, aiming to exceed 600 koz longer term and ultimately target ~1 Moz via M&A; Q1 revenue was ~$383M, adjusted EBITDA $244M and recurring free cash flow $95M. Management flagged Q1 all‑in sustaining costs of $1,829/oz (would be ~$1,500/oz ex‑MSG), expects MSG to be in turnaround in 2026 with run‑rate ambition ~80 kozpa and AISC near $2,000/oz once prepared (temporary higher costs in Q1–Q2), and said Era Dorada construction is approved with expected production ~111 kozpa (first production 2028) and CapEx split over this year and next. Reserves were materially upgraded (P&P up to ~7.2 Moz, ~+3.8 Moz year‑on‑year, and total inventory approaching ~10 Moz when adding M&I after converting ~2.5 Moz), Borborema’s life‑of‑mine rose to 36 years while an expansion to ~4 Mtpa is under study (board decision expected Q2–Q3), and the company reiterated a strong capital allocation stance (net debt ~$115M, net leverage 0.16, cash ~ $207M end‑Q1, Q1 dividends declared/paid—record $65M declared/$55M distributed) while using an FX assumption of BRL/USD ~5.30 and continuing to evaluate hedging (puts/zero‑cost collars) as appropriate.Aura Minerals Financial Statement Overview
Summary
Income Statement
54
Neutral
Balance Sheet
39
Negative
Cash Flow
62
Positive
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 921.73M | 594.16M | 416.89M | 392.70M | 424.01M |
| Gross Profit | 534.87M | 251.27M | 126.02M | 125.69M | 188.34M |
| EBITDA | 152.97M | 149.80M | 106.42M | 135.01M | 192.13M |
| Net Income | -79.34M | -30.27M | 31.88M | 66.50M | 43.50M |
Balance Sheet | |||||
| Total Assets | 1.61B | 1.08B | 923.82M | 727.31M | 592.48M |
| Cash, Cash Equivalents and Short-Term Investments | 286.06M | 270.19M | 237.29M | 127.90M | 161.49M |
| Total Debt | 411.17M | 385.35M | 289.38M | 180.08M | 100.97M |
| Total Liabilities | 1.34B | 857.31M | 609.02M | 417.18M | 320.20M |
| Stockholders Equity | 265.74M | 222.96M | 314.80M | 310.13M | 272.27M |
Cash Flow | |||||
| Free Cash Flow | 78.50M | 41.66M | 28.85M | -7.00M | 51.72M |
| Operating Cash Flow | 257.93M | 222.24M | 124.95M | 96.36M | 131.19M |
| Investing Cash Flow | -253.98M | -176.40M | -93.93M | -157.50M | -78.16M |
| Financing Cash Flow | 10.47M | 5.20M | 79.43M | 21.88M | -8.63M |
Aura Minerals Technical Analysis
Positive
109.14
Price Trends
80.61
Positive
66.35
Positive
48.26
Positive
Market Momentum
8.83
Negative
72.93
Negative
87.98
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AUGO, the sentiment is Positive. The current price of 109.14 is above the 20-day moving average (MA) of 86.69, above the 50-day MA of 80.61, and above the 200-day MA of 48.26, indicating a bullish trend. The MACD of 8.83 indicates Negative momentum. The RSI at 72.93 is Negative, neither overbought nor oversold. The STOCH value of 87.98 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AUGO.
Aura Minerals Risk Analysis
Aura Minerals disclosed 64 risk factors in its most recent earnings report. Aura Minerals reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Aura Minerals Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | $2.58B | 0.61 | 32.58% | 1.02% | 32.68% | 91.90% | |
69 Neutral | $462.50M | 12.52 | 22.79% | 2.06% | 40.20% | 141.58% | |
66 Neutral | $775.93M | 15.73 | 24.50% | ― | 64.59% | 64.12% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
54 Neutral | $6.88B | 17.51 | 41.05% | 2.81% | 83.13% | ― | |
50 Neutral | $3.51B | -16.35 | -65.73% | ― | ― | 40.49% |
* Basic Materials Sector Average
AUGO
Aura Minerals
81.06
64.05
376.46%
DRD
Drdgold
30.50
16.90
124.22%
CMCL
Caledonia Mining
24.28
10.63
77.85%
HYMC
Hycroft Mining Holding
43.71
40.35
1200.89%
IDR
Idaho Strategic Resources
50.75
37.76
290.69%
DC
Dakota Gold Corp
6.39
3.51
121.88%
Aura Minerals Corporate Events
Aura Minerals Announces Record Q1 2026 Dividend on Strong EBITDA and Project Advances
May 7, 2026
On May 6, 2026, Aura Minerals announced that its board approved a dividend of US$0.78 per common share, totaling about US$65.4 million and representing an indicated last‑twelve‑months dividend yield of 4.5%, above the minimum set in it...
Aura Minerals Posts Record Q1 2026 Results and Greenlights Era Dorada Development
May 7, 2026
Aura Minerals reported strong operational and financial performance for the quarter ended March 31, 2026, highlighted by record production of 82,137 gold equivalent ounces and record net revenue of US$382.6 million, driven by higher gold and coppe...
Aura Minerals Hikes 2026 CAPEX as Board Greenlights Era Dorada Construction
Apr 15, 2026
On April 13, 2026, Aura Minerals’ board approved the start of construction of the Era Dorada gold project in Guatemala, triggering a sharp revision to its 2026 capital expenditure plan. Expansion CAPEX guidance for 2026 was lifted from a pri...
Aura Minerals Board Clears US$382 Million Era Dorada Gold Project With Expanded Social and Environmental Commitments
Apr 14, 2026
Aura Minerals said on April 13, 2026 that its board has granted full approval for the development of the Era Dorada underground gold project in Guatemala, with total capital expenditures estimated at US$382 million and average annual production fo...
Aura Minerals Posts Record Q1 2026 Production, Stays on Track With Guidance
Apr 10, 2026
On April 10, 2026, Aura Minerals reported preliminary Q1 2026 production of 82,137 gold equivalent ounces at current prices, marking another record quarter and a 37% increase versus Q1 2025, with sales of 81,364 GEO and overall performance trackin...
Aura Minerals Doubles Proven and Probable Reserves in 2025 Update, Triples Inferred Resources
Apr 1, 2026
Aura Minerals reported on April 1, 2026 that its updated mineral reserves and resources for the year ended 2025 showed a sharp expansion across its six operating mines and key development projects. Proven and probable reserves rose to 7.22 million...
Aura Minerals Files March 2026 Form 6-K With New Corporate Presentation
Mar 10, 2026
Aura Minerals Inc., a diversified gold and copper producer listed on Nasdaq and Brazil’s B3, filed a Form 6-K with the U.S. Securities and Exchange Commission for March 2026. The filing, dated March 9, 2026 and signed by Chief Financial Offi...
Aura Minerals Wins S&P Credit Upgrade as Gold Prices and Output Climb
Mar 4, 2026
Aura Minerals Inc., a gold and base metals miner with operations in Honduras, Brazil and Mexico and additional projects across Latin America, pursues a 360° Mining strategy that seeks to balance growth, returns and social impact. The company&...
Aura Minerals Secures Road Relocation Deal, Boosting Borborema Gold Reserves by 82%
Feb 27, 2026
On February 26, 2026, Aura Minerals announced it had signed a cooperation agreement with Brazil’s DNIT to relocate a federal road that crosses its Borborema gold mine, removing a key physical constraint on pit expansion. The company also rel...
Aura Minerals Posts Record 2025 Results and Ramps Up Growth Following MSG Acquisition
Feb 27, 2026
On February 26, 2026, Aura reported record 2025 financial and operational results, driven by higher production, stronger metal prices and stable costs, with full-year adjusted EBITDA more than doubling to US$547 million and net revenue rising 55% ...
Aura Minerals Lifts Payout With US$0.66 Dividend After Record Q4 2025
Feb 27, 2026
On February 26, 2026, Aura Minerals Inc. announced that its board approved a dividend of US$0.66 per common share, totaling about US$55.1 million and exceeding the minimum set out in its dividend policy tied to adjusted EBITDA and capital expendit...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.