Earnings release
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å . aura 360 MINING Aura Releases its First Quarter 2021 Financial Statements and Management Discussion and Analysis ROAD TOWN , British Virgin Islands , May 10 , 2021 - Aura Minerals , Inc. ( " Aura Minerals " or the " Company " ) announces today the Company has filed its consolidated financial statements for the quarter ended March 31 , 2020 and related management discussion and analysis . Rodrigo Barbosa , CEO of Aura , comments : " On behalf of the Aura team , I am very pleased to be able to announce these record results for the quarter ended March 31 , 2021. The quarter yielded Net Revenues of US $ 116 million and EBITDA of US $ 52 million , continuing our solid growth and performance over the last 3 quarters . We are pleased with the consistent results across our operations over the last nine months since we were able to fully resume all operations following interruptions due to the COVID - 19 pandemic . Based on this strong performance and current copper prices , we expect to achieve or exceed our GEO guidance for the year " . Forward - Looking Information This press release contains " forward - looking information " and " forward - looking statements " , as defined in applicable securities laws ( collectively , " forward - looking statements " ) which include , without limitation , expected production from , and the further potential of the Company's properties , and the ability of the Company to achieve its longer - term outlook and the anticipated timing and results thereof . Known and unknown risks , uncertainties and other factors , many of which are beyond the Company's ability to predict or control , could cause actual results to differ materially from those contained in the forward- looking statements if such risks , uncertainties or factors materialize . Forward - looking statements are necessarily based upon a number of estimates and assumptions that , while considered reasonable by the Company , are inherently subject to significant business , economic and competitive uncertainties and contingencies . Specific reference is made to the most recent Annual Information Form on file with certain Canadian provincial securities regulatory authorities for a discussion of some of the factors underlying forward - looking statements , which include , without limitation the ability of the Company to achieve its longer - term outlook and the anticipated timing and results thereof , the ability to lower costs and increase production , the ability of the Company to successfully achieve business objectives , copper and gold or certain other commodity price volatility , changes in debt and equity markets , the uncertainties involved in interpreting geological data , increases in costs , environmental compliance and changes in environmental legislation and regulation , interest rate and exchange rate fluctuations , general economic conditions and other risks involved in the mineral exploration and development industry . Readers are cautioned that the foregoing list of factors is not exhaustive of the factors that may affect the forward - looking statements . Non - GAAP Measures In this press release , the Company has included EBITDA and net debt , which are non - GAAP performance measures . These non - GAAP measures do not have any standardized meaning within IFRS and therefore may not be comparable to similar measures presented by other companies . The Company believes that these measures provide investors with additional information which is useful in evaluating the Company's performance and should not be considered in isolation or as a substitute for measures of performance prepared in accordance with IFRS . The below tables provide a reconciliation of the non - GAAP measures presented : Reconciliation from income for the quarter to EBITDA and Adjusted EBITDA : 24119792.1