Aura Minerals Q1 Adjusted EBITDA Soars 199% to $243.9M, Declares $0.78 Dividend
AUGO•Aura Minerals reported Q1 2026 production of 82,137 GEO, up 37% YoY, fueling net revenue of US$382.6 million (+136% YoY) and record adjusted EBITDA of US$243.9 million (+199% YoY). The company declared a US$0.78 per share dividend (US$65.4 million), yielding 4.5% LTM.
1. Q1 2026 Financial Highlights
Aura Minerals produced 82,137 gold equivalent ounces (GEO) in Q1 2026, marking a 37% increase year-over-year and 1% sequential gain. Net revenue reached US$382.6 million (+136% YoY, +19% QoQ), while adjusted EBITDA hit a record US$243.9 million (+199% YoY, +17% QoQ), driven by higher production and metal prices.
2. Operational and Project Developments
Key operational milestones included license approval for the Era Dorada project in Guatemala and DNIT approval for the Borborema road relocation in Brazil, enabling reserve expansion and potential mine expansion. The recently added MSG project contributed 8,580 GEO, and expansions at Almas and Borborema supported ongoing production growth.
3. Dividend Declaration
The board declared a quarterly dividend of US$0.78 per share, totaling US$65.4 million, representing a 4.5% dividend yield LTM. The dividend is payable on May 26, 2026, to shareholders of record as of May 19, 2026, and US$0.26 per BDR is expected to be paid in Brazilian reais.
4. Outlook
Management anticipates a stronger second half of 2026, driven by favorable mine sequencing across core assets. Full-year guidance remains supported by ongoing construction at Era Dorada, expansions at Almas and Borborema, and the Matupá feasibility study update.
