Update: Aura Minerals Shares Rise After Reporting Jump in Q3 Gold Production
MT newswire2026/10/09 18:2002:20 PM EDT, 10/09/2026 (MT Newswires) -- (Updates with the latest stock move in the headline and in the first paragraph.) Aura Minerals (AUGO) shares were up over 12% in Friday trading after the firm reported Q3 preliminary production of 95,557 gold equivalent ounces, or GEO, up 29% from a year ago and 27% from the previous quarter, marking a quarterly record across its six operating mines. The mining company said that at constant prices, its production rose 25% year over year and 26% quarter over quarter, and that Q3 sales totaled 93,742 GEO, up 20% from the second quarter. On a comparable basis, which excludes the Mineracao Serra Grande mine in Brazil, the company said sales grew 7% from a year earlier, which it attributed mainly to higher sales at the Borborema and Aranzazu mines. Including the Mineracao Serra Grande mine, the company said total sales increased 25% from a year earlier. For the first nine months of 2026, Aura said it produced 253,131 GEO at current prices, up 28% from the same period last year. At constant prices, production increased 26% to 255,268 GEO, the company said. Price: 92.78, Change: +10.29, Percent Change: +12.47
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
United States Dollar Index remains subdued as lower oil prices ease inflation pressure
Silver Price Forecast: XAG/USD rises to near $53.00 as lower oil eases inflation pressure
JPMorgan lowers the target price of Sociedad Química y Minera de Chile to $71
Crypto prices
More
