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EarningsQ2 2026 Earnings Report
AUGO Q2 2026 EPS Results
Actual EPS$1.18
Consensus EPS$1.29
Beat/MissMissed by -$0.12
One Year Ago EPS$0.40
AUGO Q2 2026 Revenue Results
Actual Revenue$336.16M
Expected Revenue$342.69M
Beat/MissMissed by -$6.53M
YoY Revenue Growth+76.37%
Earnings Announcement Details
QuarterQ2 2026
Date08/05/2026
TimeAfter Close
Conference CallWednesday, August 5, 2026
AUGO Upcoming Earnings
Aura Minerals's next earnings date is estimated for November 5, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
AUGO Q2 2026 Earnings Call
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Q2 2026 Earnings Slide Deck
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call presents a predominantly positive outlook driven by strong multi‑quarter EBITDA momentum, record net income, sizeable reserve/resource upgrades at MSG, on‑time/on‑budget project execution, low leverage and active capital returns (dividend + $200M buyback). Near‑term weaknesses (Q2 production softness, elevated AISC driven by MSG turnaround, hedge payments, FX and inflationary pressures, and site‑specific operational challenges) create timing risk for H2 but are balanced by clear visibility on operational fixes (ramp-ups, debottlenecking, higher grades) and significant long‑term upside from MSG and other projects. Overall, highlights materially outweigh the lowlights, and management reiterated confidence in meeting annual guidance and improving H2 performance.Company Guidance
Strong EBITDA Momentum
Adjusted EBITDA of $197M in Q2 and a record trailing-12-month (LTM) EBITDA of ~ $800M; the company has increased LTM EBITDA for 12 consecutive quarters since Q2 2023, demonstrating sustained margin expansion and operational leverage.
Record Net Income and Cash Returns
Reported net income of $218M in the quarter (record high), helped by a $126M favorable mark-to-market on gold derivatives. Announced a $60M dividend ($0.72/share) for Q3 and launched a $200M share buyback program, reflecting strong capital return capacity.
Material Reserve and Resource Upside at MSG
Significant resource/reserve increases at MSG in six months: Proven & Probable reserves grew from ~370k oz to ~753k oz (≈+103%), Measured & Indicated from ~1.0M oz to ~1.8M oz (≈+80%), and Inferred increased from ~1.4M oz to over ~2.0M oz (≈+43%).
Clear Operational Ramp Plans and On‑budget Projects
Multiple growth projects progressing on time / on budget (Era Dorada groundwork ~60% complete; Almas plant capacity being increased from 1.3Mt to ~3Mt by year‑end; Borborema debottlenecking targeted for Q4). Management expects H2 production and AISC improvement based on mine sequencing and ramp-ups.
Healthy Balance Sheet and Leverage
Net debt reported at $168M with a conservative net debt / LTM EBITDA leverage ratio of ~0.2x, supporting funding for both growth CapEx and shareholder returns.
Strong Cash Generation (Pre-Hedge Losses)
Recurring cash flow of ~$80M in the quarter; excluding realized/unrealized gold hedge losses, recurring cash flow would have been ~ $120M. Management funded ~ $54M of expansion CapEx and returned ~ $68M to shareholders (dividends + buybacks) from internal cash flows.
Significant Increase in Market Liquidity
Average daily trading volume rose materially from roughly $1–$2M/day a year ago to about ~$100M/day in the most recent quarter (≈50x–100x increase), improving market access and investor liquidity.
Safety and Community Commitments
Despite one lost-time incident in March (employee recovered), the company reported thorough procedural reviews and continued external geotechnical monitoring. Era Dorada hiring emphasized local workforce (≈53% from local region, 93% Guatemalan) and social/environmental commitments (water treatment, geothermal studies).
AUGO Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed