Aura Minerals Inc. receives positive credit rating outlook upgrade from S&P Global Ratings, with B+ global scale long-term issuer credit rating and ‘brAA’ Brazilian national scale rating affirmed. Factors include U.S. listing for accelerated growth, successful project construction, and high gold prices boosting free cash flow amid significant expansion. Potential for further upgrade in 12 months if company achieves scale growth and keeps debt to EBITDA below 2.0x. Full report available on S&P website or Aura Minerals investor relations site. Aura focuses on 360° Mining approach, with operations in gold and base metal projects across the Americas.

Read more at GlobeNewswire: Aura Announces S&P Global Upgrades Outlook to Positive B+