Aura Minerals Q4 net revenue surges on higher gold, copper prices

Overview

• Canada-based gold miner's Q4 net revenue rose 88% YoY

• Adjusted EBITDA for Q4 hit record high, driven by higher production and metal prices

• Company completed acquisition of MSG Gold Mine in December 2025

Outlook

• Aura projects 2026 production to grow to 360,000–390,000 GEO

• Company aims to exceed 600,000 GEO annually in coming years

• Aura plans capacity expansions at Borborema and Almas

Result Drivers

• HIGHER PRODUCTION - Aura's Q4 2025 production increased 23% YoY, driven by Borborema ramp-up and MSG acquisition

• HIGHER METAL PRICES - Q4 2025 net revenue rose 88% YoY, aided by higher gold and copper prices

• STABLE COSTS - Aura maintained stable costs, contributing to record Adjusted EBITDA in Q4 2025

Company press release: ID:nGNX74WTxz

Key Details

*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

• Wall Street's median 12-month price target for Aura Minerals Inc is $75.00, about 16.4% below its February 26 closing price of $89.74

• The stock recently traded at 21 times the next 12-month earnings vs. a P/E of 8 three months ago

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