Aura Minerals (NASDAQ Uplisting)

General Information
Business:

Note: This is NOT an IPO. This is a public offering of common stock – a NASDAQ uplisting. Aura Minerals’ stock is listed on the Toronto Stock Exchange (TSX) under the symbol “ORA” and its Brazilian Depositary Receipts (BDRs) are listed on the Brazilian Stock Exchange (B3) under the ticker symbol “AURA33” – according to the prospectus. (Incorporated in the British Virgin Islands)

Note: Aura Minerals’ headquarters is on Tortola in the British Virgin Islands. Its U.S. headquarters is in Coconut Grove, Florida. The company was originally incorporated under the Business Corporations Act (Ontario), or the “OBCA” by Letters Patent dated July 12, 1946, under the name Baldwin Consolidated Mines Limited, according to the prospectus.

We are an Americas gold and copper production company with a significant portfolio of mining operations. Our mission is to deliver long-term value by unlocking operational efficiencies, responsibly growing our portfolio with a focus on return on invested capital, responsible mining practices and a commitment to sustainability. We operate with a decentralized culture, supported by a lean corporate team that ensures agile and dynamic management and decision-making processes, focused on high operational sustainability compliance standards.

We believe that our success as a gold and copper mining company is the result of a combination of strategic acquisitions, mine expansions and development and efficiency improvements. Backed by a traditional Brazilian family of seasoned gold-focused entrepreneurs and mine developers, as well as a new management team, we have undergone a significant transformation since 2016, enhancing our profitability, replenishing resources and even extending the life-of-mine (LOM) across our operating assets, while also facilitating inorganic expansion — consistently guided by a disciplined commitment to value creation and sustainable growth.

We have a track record of expanding and building new mines on-time and on-budget, with ramp-up capabilities, consistent cash flow generation and dividend payments while delivering an attractive return on investment. Our disciplined cost management ensures efficiency in reserve development while we strive to serve as the benchmark for operational security and excellence in project development. Strategically, we prioritize high-IRR (Internal Rate of Return) growth opportunities, balancing capital appreciation with reliable dividend distributions.

We currently operate four wholly-owned operating mines and one mine in ramp-up phase. Our operating mines are the Aranzazu copper-gold-silver mine in Mexico, the Apoena and Almas gold mines in Brazil and the Minosa gold mine in Honduras. Additionally, we own and operate the Borborema gold mine in Brazil, which is currently in its ramp-up phase and is expected to achieve commercial production by the third quarter of 2025.

In addition to our operating mines, our main development projects are the Era Dorada gold project in Guatemala and the Matupá gold project in Brazil. We have significant exploration potential, owning over 563,558 hectares of mineral rights, and we are currently advancing multiple near-mine and regional targets along with the Carajás (Serra da Estrela) copper project in the prolific Carajás region of Brazil.

Note: Net loss and revenue are in U.S. dollars for the 12 months that ended March 31, 2025.

(Note: Aura Minerals filed its F-1 for its NASDAQ uplisting – a U.S. public offering and NOT an IPO – on June 6, 2025, without disclosing the terms.)

 

Industry: Mining - Gold & Critical Minerals
Employees: 1394
Founded: 1946
Contact Information
Address c/o Aura Technical Services Inc. 3390 Mary St, Suite 116, Coconut Grove, Florida, 33133
Phone Number (305) 239 9332
Web Address https://www.auraminerals.com/
View Prospectus: Aura Minerals (NASDAQ Uplisting)
Financial Information
Market Cap
Revenues $623.9 mil (last 12 months)
Net Income $-94.3 mil (last 12 months)
IPO Profile
Symbol AUGO
Exchange NASDAQ
Shares (millions): 0.0
Price range $0.00 - $0.00
Est. $ Volume $100.0 mil
Manager / Joint Managers BofA Securities/Goldman Sachs/BTG Pactual/Itau BBA
CO-Managers Bradesco/National Bank of Canada Financial Markets/RBC Capital Markets/Scotiabank
Expected To Trade:
Status: TBA
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change