Aura Minerals Announces Q2 2017 Financial and Operating Results

http://www.auraminerals.com/Investors/News-Events/News-Releases/News-Release-Details/2017/-Aura-Minerals-Announces-Q2-2017-Financial-and-Operating-Results/default.aspx

TORTOLA, British Virgin IslandsAug. 15, 2017 (GLOBE NEWSWIRE) — Aura Minerals Inc. (“Aura Minerals” or the “Company”) (TSX:ORA) announces financial and operating results for the second quarter of 2017.

Highlights:  

  For the three
months ended
June 30, 2017
For the three
months ended
June 30, 2016
For the six
months ended
June 30, 2017
For the six
months ended

June 30, 2016
FINANCIAL DATA    
IFRS Measures
Revenue $    44,247 $   36,415 $    79,149 $   71,865
Cost of goods sold   35,200   28,338   64,789   56,260
Depreciation (included in cost of goods sold)   2,798   1,531   5,572   3,647
Gross Margin   9,048   8,077   14,360   15,605
Gross Margin (excluding depreciation)   11,846   9,608   19,932   19,252
Net (loss) Income   4,242   (2,048 )   (781 )   (2,066 )
Income (loss) per share – Basic and diluted   0.13   (0.07 )   (0.02 )   (0.07 )
EBITDA   7,662   5,294 $    11,746 $   11,848
Non-IFRS Measures
Realized average gold price per ounce sold, gross1 $    1,162 $   1,213 $    1,161 $   1,166
Realized average gold price per ounce sold, net of local sales taxes, hedging and gold loan repayments1 $    1,142 $   1,156 $    1,150 $   1,138
Cash operating costs per ounce produced1 $    794 $   917 $   806 $   876
Cash operating costs per ounce sold1 $    881 $   893 $    886 $   854
Total capital expenditures $    1,269 $   937 $    3,503 $   1,203
OPERATING DATA
Ore processed (tonnes)   2,082,313   1,954,937   4,154,691   4,772,477
Gold produced (ounces)   37,476   26,100   66,976   60,158
Gold sold (ounces)   36,757   30,010   66,839   61,632

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