Aura Minerals Q4 adjusted EBITDA jumps 2.6x to USD 207.9 million

Reuters07:15
Aura Minerals Q4 adjusted EBITDA jumps 2.6x to USD 207.9 million

Aura Minerals reported Q4 2025 net revenue of USD 321.7 million (+30% QoQ; +88% YoY) and FY 2025 net revenue of USD 921.7 million (+55% YoY). Q4 adjusted EBITDA was USD 207.9 million (+37% QoQ; +162% YoY), with an adjusted EBITDA margin of 65%; FY adjusted EBITDA was USD 547.8 million (+105% YoY), with a 59% margin. Q4 net loss was USD 19.9 million; FY net loss was USD 79.3 million. Q4 adjusted net income was USD 73.3 million (up nearly 3x YoY) and FY adjusted net income was USD 205.7 million (+152% YoY). Q4 all-in sustaining cost (AISC) was USD 1,521/GEO (+9% QoQ; +11% YoY) and FY AISC was USD 1,458/GEO (+10% YoY). Q4 operating cash flow was USD 92.0 million (-1% QoQ; +42% YoY) and FY operating cash flow was USD 305.2 million (+37% YoY). Total capex was USD 45.8 million in Q4 (+45% QoQ; -30% YoY) and USD 179.4 million in FY (-1% YoY). Net debt ended FY 2025 at USD 117.6 million (net debt/LTM EBITDA: 0.28x). Operationally, Q4 production totaled 82,067 GEO (+11% QoQ; +23% YoY) and FY production was 280,414 GEO (+5% YoY), with Q4 contributions including Borborema at 15,777 GEO (+54% QoQ) and the newly acquired MSG mine at 4,761 GEO (December only). Aura completed the acquisition of the MSG gold mine in Goiás, Brazil on December 1, 2025 for an agreed enterprise value of USD 76.0 million, including an upfront cash payment of USD 72.8 million at closing, plus deferred consideration equal to a 3% net smelter return on currently defined MSG mineral resources (inclusive of reserves). Aura also highlighted the Era Dorada feasibility study (S-K 1300), describing the project as an underground gold mine with anticipated production of 111 koz GEO for the first 4 years of full production, and said it received the Era Dorada construction license on January 6, 2026 and started early works. For Borborema, Aura said it signed a cooperation agreement with DNIT to relocate a federal road and released an updated feasibility study increasing reserves by 82% to 1.5 Moz and extending mine life to 21 years based on proven and probable reserves. For 2026, Aura guided total production of 340,000–390,000 GEO. CEO Rodrigo Barbora said record results were driven by higher production, higher metal prices and stable costs, and cited milestones including Borborema reaching commercial production, the MSG acquisition, and the Nasdaq listing.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Aura Minerals Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202602261815PRIMZONEFULLFEED9662492) on February 26, 2026, and is solely responsible for the information contained therein.

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