Aura Minerals Misses Q2 Estimates as Insiders Cash Out $7M
Aura Minerals posted Q2 adjusted EPS of $1.15, missing consensus by 10.2% for the fourth consecutive quarter, even as revenue grew 76% year-over-year to $336 million. In the same six-week window, CFO
Aura Minerals Misses Q2 Estimates as Insiders Cash Out $7M
NEW YORK, August 6 —
Aura Minerals Inc. (AUGO) extended its streak of quarterly misses to four in Q2 2026, posting adjusted EPS of $1.15 against a $1.28 consensus, even as revenue nearly doubled to $336 million year-over-year. The board then declared a $0.72-per-share dividend, explicitly above its own policy minimum, in the same six weeks its CFO and COO sold $6.98 million in shares.
- Q2 adjusted EPS of $1.15 missed consensus by 10.2%; four consecutive quarterly EPS and revenue misses.
- Q2 revenue of $336 million grew 76% year-over-year but missed the Zacks estimate by 2.47%.
- CFO Cardoso and COO Luvizotto sold $6.98 million in open-market shares, June 22 to July 2; zero insider purchases.
A Dividend Above the Floor
Aura Minerals operates six mines across the Americas (Minosa, Apoena, Aranzazu, Almas, Borborema, and Serra Grande), producing gold, copper, and silver. Q2 revenue nearly doubled from Q2 2025's $190 million, pushing trailing-twelve-month revenue to $1.14 billion. The board declared a $0.72-per-share dividend totaling $60.42 million, payable August 28, explicitly noting it exceeds the minimum required under its own policy, which ties quarterly distributions to 20% of adjusted EBITDA less sustaining and exploration capital. Management choosing to exceed its own formula is a deliberate statement about cash generation, one investors can test with the DCF calculator.
The Selling Pattern
While the board was setting its dividend, CFO Joao Kleber dos Santos Cardoso sold 60,000 shares across three transactions on June 30 at $61.08 to $62.90, totaling $3.72 million, per SEC Form 4 filings. COO Glauber Rosa Luvizotto sold 22,367 shares at $65.27 on June 26, then additional lots of 19,010 and 2,300 shares in early July. Together the two executives sold $6.98 million between June 22 and July 2, with zero insider purchases recorded. AUGO closed at $65.76 on August 5, meaning both executives exited at prices within cents of where the stock trades after earnings.
| Ticker | Mkt cap | Fwd P/E | 52-wk |
|---|---|---|---|
| AUGO | $5.5B | 5.8x | +125.5% |
| CGAU | $3.9B | 9.5x | +136.1% |
| AAUC | $2.5B | n/a | +39.5% |
| ORLA | $3.5B | 5.3x | -9.8% |
| ARIS | $3.2B | 5.2x | +80.1% |
| TFPM | $6.5B | 22.7x | +18.1% |
The Q3 Checkpoint
Four consecutive EPS misses look worse before noting the gap has shrunk: -92.1%, -43.2%, -40.4%, then -10.2% this quarter. If the miss streak shows analysts still chasing revenue growth while Aura's profitability lags the model, the narrative is uncomfortable but manageable; if estimates remain too high despite four resets, the stock's 30% gain since January becomes harder to hold. The specific checkpoint is Q3 adjusted EPS breaking the miss streak. Until then, insider selling at current prices and the miss streak sit unresolved against a dividend that beats its own floor. Run the free Aura Minerals Inc. deep-dive →
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Frequently Asked Questions
Why did Aura Minerals miss Q2 2026 earnings estimates?
Aura Minerals posted adjusted EPS of $1.15 against a $1.28 consensus, missing by 10.2%. It was the fourth consecutive quarter the company missed both EPS and revenue estimates, though the gap narrowed from -92.1% in the first miss to -10.2% this quarter. Revenue of $336 million grew 76% year-over-year but still came in 2.47% below the Zacks estimate.
What did Aura Minerals insiders sell ahead of Q2 results?
CFO Joao Kleber dos Santos Cardoso sold 60,000 shares across three transactions on June 30 at prices between $61.08 and $62.90, totaling $3.72 million. COO Glauber Rosa Luvizotto sold 22,367 shares at $65.27 on June 26 and additional lots in early July. Together the two executives sold $6.98 million between June 22 and July 2, with zero insider purchases recorded during the period.
What dividend did Aura Minerals declare for Q2 2026?
The board declared a $0.72-per-share dividend totaling $60.42 million, payable August 28. Management explicitly noted the amount exceeds the minimum required under its own policy, which ties quarterly distributions to 20% of adjusted EBITDA less sustaining and exploration capital.
How did Aura Minerals Q2 revenue compare to a year ago?
er-year gain. That growth pushed trailing-twelve-month revenue to $1.14 billion, though the quarter still missed the Zacks revenue estimate by 2.47%.
What is the key checkpoint for Aura Minerals in Q3 2026?
The article identifies Q3 adjusted EPS breaking the four-quarter miss streak as the specific checkpoint to watch. If analysts have still not reset estimates low enough despite four consecutive misses, the stock's 30% gain since January becomes harder to hold alongside continued insider selling at current prices.
Aura Minerals reported Q2 2026 adjusted EPS of $1.15 — below the $1.28 consensus estimate — extending its streak to four consecutive quarterly misses even as year-over-year revenue nearly doubled and the board declared a $0.72-per-share dividend. In the six weeks before the print, the CFO and COO sold nearly $7 million in open-market shares at prices near where the stock now trades.