BofA is Bullish on Aura Minerals Inc. (AUGO)

Aura Minerals Inc. (NASDAQ:AUGO) is among the 11 Best Gold Stocks to Buy for 2026.

BofA is Bullish on Aura Minerals Inc. (AUGO)

On January 19, 2026, TheFly reported that BofA reaffirmed its Buy rating and lifted its price objective for Aura Minerals Inc. (NASDAQ:AUGO) from $55.50 to $70. Higher targets for the precious metals group in North America included the adjustment. According to the company, the macro factors driving up gold prices have become more intense. Furthermore, BofA anticipates solid business capital returns in the fourth quarter.

Preliminary Q4 and full-year 2025 production results from six active mines were released by Aura Minerals Inc. (NASDAQ:AUGO) on January 12, 2026. Production in the fourth quarter hit a new high of 82,067 gold equivalent ounces, up 23% from Q4 2024 at current prices and 11% from Q3 2025. Production jumped 12% sequentially and 30% annually in Q4 at constant prices. Production for the entire year 2025 was 280,414 GEO at current prices. Output was 285,380 GEO at guidance prices, placing it in the upper half of the outlook. During the time frame covered by the January preliminary disclosure, output came from the  Apoena, Aranzazu, Minosa, Almas, Borborema, and MSG mines.

Aura Minerals Inc. (NASDAQ:AUGO) is involved in the development and operation of gold, copper, and base metal projects throughout the Americas.

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Disclosure: None. This article is originally published at Insider Monkey.