06:09 AM EST, 02/27/2025 (MT Newswires) -- Aura Minerals ( ORAAF ) late on Wednesday reported an increase in fourth-quarter adjusted net income on higher revenues.

Adjusted net income came in at US$24.6 million, up from US$19.9 million. Net revenues surged to US$171.5 million from US$124.3 million.

Adjusted EBITDA rose to US$79.3 million from US$40.9 million.

The company sold 69,341 gold equivalent ounces, up from 68,571 gold equivalent ounces. Total production was 66,473 gold equivalent ounces, a decrease from 69,194 gold equivalent ounces.

At guidance metal prices, production was 276,305 gold equivalent ounces for the full year 2024, placing it at the upper end of the production guidance range of 244,000 to 292,000 gold equivalent ounces.

Aura expects to produce 266,000 to 300,000 gold equivalent ounces in 2025.

The company said it will pay a dividend of US$0.25 per common share on March 14 to shareholders of record at the close of business on March 6. Holders of the company's Brazilian depositary receipts as of the record date will receive US$0.0833 per BDR on or around March 28. The holders will receive the Brazilian reals equivalent of the dividend.