Aura Minerals (NASDAQ:AUGO) Director Purchases $868,230.00 in Stock

Aura Minerals Inc. (NASDAQ:AUGO) Director Mauad Bruno Sousa bought 11,000 shares of the firm’s stock in a transaction dated Monday, August 17th. The shares were acquired at an average price of $78.93 per share, with a total value of $868,230.00. Following the purchase, the director directly owned 448,765 shares of the company’s stock, valued at approximately $35,421,021.45. This trade represents a 2.51% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this link.

Mauad Bruno Sousa also recently made the following trade(s):

• On Wednesday, June 3rd, Mauad Bruno Sousa purchased 2,800 shares of Aura Minerals stock. The stock was bought at an average price of $64.95 per share, for a total transaction of $181,860.00.
• On Friday, May 29th, Mauad Bruno Sousa sold 100,000 shares of Aura Minerals stock. The shares were sold at an average price of $77.48, for a total value of $7,748,000.00.
• On Thursday, May 28th, Mauad Bruno Sousa sold 32,356 shares of Aura Minerals stock. The stock was sold at an average price of $76.98, for a total value of $2,490,764.88.
• On Wednesday, May 27th, Mauad Bruno Sousa sold 9,652 shares of Aura Minerals stock. The shares were sold at an average price of $75.62, for a total value of $729,884.24.

Aura Minerals Stock Performance

Shares of Aura Minerals stock traded down $2.30 during trading hours on Tuesday, hitting $76.24. 559,741 shares of the company were exchanged, compared to its average volume of 978,957. The company has a current ratio of 1.06, a quick ratio of 0.82 and a debt-to-equity ratio of 0.82. The business has a 50-day moving average of $61.78 and a 200-day moving average of $73.11. Aura Minerals Inc. has a 1 year low of $26.63 and a 1 year high of $110.32. The stock has a market capitalization of $6.39 billion and a price-to-earnings ratio of 21.54.

Aura Minerals (NASDAQ:AUGO) last announced its quarterly earnings data on Tuesday, June 30th. The company reported $2.57 earnings per share (EPS) for the quarter. The company had revenue of $335.97 million for the quarter. Aura Minerals had a net margin of 23.18% and a return on equity of 103.62%. As a group, analysts expect that Aura Minerals Inc. will post 5.55 EPS for the current fiscal year.

Aura Minerals Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, August 28th. Stockholders of record on Tuesday, August 18th will be paid a dividend of $0.72 per share. This represents a $2.88 dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date is Tuesday, August 18th. Aura Minerals’s payout ratio is 81.36%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the stock. Wall Street Zen downgraded shares of Aura Minerals from a “buy” rating to a “hold” rating in a research report on Saturday, August 8th. Bank of America dropped their target price on Aura Minerals from $122.00 to $94.00 and set a “buy” rating on the stock in a research report on Thursday, July 9th. JPMorgan Chase & Co. cut their target price on Aura Minerals from $104.50 to $91.00 and set an “overweight” rating for the company in a research note on Thursday, July 16th. Weiss Ratings raised Aura Minerals from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, August 7th. Finally, Zacks Research downgraded Aura Minerals from a “hold” rating to a “strong sell” rating in a research note on Tuesday, July 28th. Three research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Aura Minerals has an average rating of “Hold” and a consensus price target of $79.27.

Institutional Trading of Aura Minerals

Several hedge funds and other institutional investors have recently made changes to their positions in AUGO. Triumph Capital Management purchased a new stake in Aura Minerals during the fourth quarter worth about $25,000. Hollencrest Capital Management increased its holdings in Aura Minerals by 307.7% in the fourth quarter. Hollencrest Capital Management now owns 795 shares of the company’s stock valued at $40,000 after buying an additional 600 shares in the last quarter. Global Retirement Partners LLC acquired a new stake in shares of Aura Minerals during the 4th quarter valued at approximately $34,000. Virtus Advisers LLC lifted its position in shares of Aura Minerals by 46.4% during the 4th quarter. Virtus Advisers LLC now owns 2,635 shares of the company’s stock valued at $133,000 after acquiring an additional 835 shares during the period. Finally, Quarry LP purchased a new stake in shares of Aura Minerals during the 3rd quarter worth approximately $37,000.

About Aura Minerals

We are an Americas gold and copper production company with a significant portfolio of mining operations. Our mission is to deliver long-term value by unlocking operational efficiencies, responsibly growing our portfolio with a focus on return on invested capital, responsible mining practices and a commitment to sustainability. We operate with a decentralized culture, supported by a lean corporate team that ensures agile and dynamic management and decision-making processes, focused on high operational sustainability compliance standards.