Aura Announces 2024 and Q4 2024 Financial and Operational

From GlobeNewswire: 2025-02-26 21:49:00

Aura Minerals Inc. announced its audited financial statements for the period ended December 31, 2024, showcasing a doubled EBITDA of US$267 million and an AISC of US$1,320/Oz. The company had a robust 2024, with increased production of 267,232 GEO and significant progress in exploration projects, investing US$159 million in growth initiatives.

In Q4 2024, Aura’s total production reached 66,473 GEO, with Aranzazu producing 23,379 GEO and Minosa producing 19,294 GEO. Almas had a standout quarter, producing 16,679 GEO, and Apoena faced challenges with production dropping to 7,121 GEO. Sales volumes increased by 2% in Q4, and net revenue reached US$171,517.

The company reported record-high Adjusted EBITDA of US$79,319 in Q4 2024, driven by an increase in gold prices. Aura’s AISC for Q4 was US$1,373/GEO, with Almas reporting the lowest AISC of US$713/Oz. Aura achieved a recurring free cash flow of US$67 million in the quarter and had a net debt of US$188,079 by the end of 2024.

Aura completed the acquisition of Bluestone Resources in January 2025, adding a high-grade gold deposit to its portfolio. The company is focusing on the Borborema project, which is on track for completion in Q1 2025. Aura’s 2025 production guidance expects an increase in production of up to 33k GEO compared to 2024.

The company’s future profitability is closely tied to gold and copper prices, with key factors including production levels, operating costs, and macroeconomic conditions. Aura is committed to its Aura 360° Mining approach, focusing on stakeholder benefits. Forward-looking statements caution investors about potential risks and uncertainties.



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