TORTOLA, British Virgin Islands, Aug. 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 |
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| 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 | ||||||||