Santos Cardoso Joao Kleber Dos Sells 2,066 Shares of Aura Minerals (NASDAQ:AUGO) Stock

Aura Minerals Inc. (NASDAQ:AUGO) CFO Santos Cardoso Joao Kleber Dos sold 2,066 shares of the business’s stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $80.00, for a total transaction of $165,280.00. Following the sale, the chief financial officer directly owned 106,045 shares in the company, valued at approximately $8,483,600. This represents a 1.91% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Santos Cardoso Joao Kleber Dos also recently made the following trade(s):

• On Friday, August 7th, Santos Cardoso Joao Kleber Dos sold 10,000 shares of Aura Minerals stock. The stock was sold at an average price of $70.03, for a total transaction of $700,300.00.
• On Tuesday, June 30th, Santos Cardoso Joao Kleber Dos sold 60,000 shares of Aura Minerals stock. The shares were sold at an average price of $61.95, for a total transaction of $3,717,000.00.

Aura Minerals Price Performance

Shares of AUGO stock traded down $2.30 during midday trading on Tuesday, reaching $76.24. 559,741 shares of the company traded hands, compared to its average volume of 978,957. The firm’s 50 day simple moving average is $61.78 and its two-hundred day simple moving average is $73.11. The firm has a market cap of $6.39 billion and a PE ratio of 21.54. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.06 and a quick ratio of 0.82. Aura Minerals Inc. has a 1-year low of $26.63 and a 1-year high of $110.32.

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

Aura Minerals Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, August 28th. Investors of record on Tuesday, August 18th will be given a $0.72 dividend. The ex-dividend date is Tuesday, August 18th. This represents a $2.88 annualized dividend and a dividend yield of 3.8%. Aura Minerals’s payout ratio is currently 81.36%.

Analyst Upgrades and Downgrades

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

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Bank of America Corp DE increased its stake in shares of Aura Minerals by 42.5% during the 1st quarter. Bank of America Corp DE now owns 977,212 shares of the company’s stock valued at $79,740,000 after acquiring an additional 291,623 shares during the last quarter. SPX Gestao de Recursos Ltda boosted its position in shares of Aura Minerals by 8.8% in the fourth quarter. SPX Gestao de Recursos Ltda now owns 877,211 shares of the company’s stock worth $44,225,000 after acquiring an additional 71,289 shares during the last quarter. Marshall Wace LLP grew its holdings in Aura Minerals by 32.7% in the fourth quarter. Marshall Wace LLP now owns 623,662 shares of the company’s stock valued at $31,439,000 after purchasing an additional 153,828 shares during the period. Jennison Associates LLC purchased a new stake in Aura Minerals in the first quarter valued at approximately $50,378,000. Finally, William Blair Investment Management LLC increased its position in Aura Minerals by 9.3% during the fourth quarter. William Blair Investment Management LLC now owns 496,303 shares of the company’s stock worth $25,021,000 after purchasing an additional 42,091 shares during the last quarter.

Aura Minerals Company Profile

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.