Aura Minerals adjusted earnings surge despite $19.9M net loss

Aura Minerals (NASDAQ:AUGO) reported a fourth-quarter net loss of $19.9 million on Thursday, a sharp reversal from the profit recorded in the same period last year.

The Coconut Grove, Florida-based miner saw a statutory loss of 23 cents per share, primarily weighed down by costs associated with its aggressive production ramp-up.

Despite the bottom-line loss, the company’s underlying performance signaled significant growth.

When adjusted for non-recurring costs, earnings reached 96 cents per share, reflecting a period of record-high production and favorable metal prices.

Revenue for the quarter rose to $321.7 million, driven by surging gold and copper output across its Americas-based portfolio.

The quarterly results capped a year defined by high capital expenditure.

For the full year 2025, Aura’s net loss widened to $79.3 million, or $1.01 per share.

However, annual revenue grew substantially to $921.7 million.

Management highlighted that the company achieved its production guidance for the year, bolstered by the commercial commencement of the Borborema project and the acquisition of the Serra Grande (MSG) mine.

Following the results, Aura’s Board of Directors declared a quarterly dividend of $0.66 per share, a move that underscores management’s confidence in its cash flow generation even as it navigates a heavy investment cycle.

The dividend is payable on March 18, 2026, to shareholders of record as of March 11.