Luvizotto Glauber Rosa Sells 1,400 Shares of Aura Minerals (NASDAQ:AUGO) Stock

Aura Minerals Inc. (NASDAQ:AUGO) COO Luvizotto Glauber Rosa sold 1,400 shares of the firm’s stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $80.00, for a total transaction of $112,000.00. Following the transaction, the chief operating officer directly owned 289,228 shares of the company’s stock, valued at $23,138,240. This represents a 0.48% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Luvizotto Glauber Rosa also recently made the following trade(s):

• On Monday, August 10th, Luvizotto Glauber Rosa sold 50,000 shares of Aura Minerals stock. The stock was sold at an average price of $75.02, for a total value of $3,751,000.00.
• On Friday, August 7th, Luvizotto Glauber Rosa sold 50,000 shares of Aura Minerals stock. The stock was sold at an average price of $70.10, for a total value of $3,505,000.00.
• On Thursday, July 2nd, Luvizotto Glauber Rosa sold 19,010 shares of Aura Minerals stock. The stock was sold at an average price of $65.23, for a total value of $1,240,022.30.
• On Friday, June 26th, Luvizotto Glauber Rosa sold 22,367 shares of Aura Minerals stock. The shares were sold at an average price of $65.27, for a total value of $1,459,894.09.
• On Monday, June 22nd, Luvizotto Glauber Rosa sold 6,323 shares of Aura Minerals stock. The shares were sold at an average price of $65.22, for a total value of $412,386.06.

Aura Minerals Stock Up 11.5%

Shares of NASDAQ:AUGO opened at $85.00 on Thursday. 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 stock has a fifty day simple moving average of $62.80 and a two-hundred day simple moving average of $73.21. Aura Minerals Inc. has a 12-month low of $26.70 and a 12-month high of $110.32. The stock has a market capitalization of $7.12 billion and a price-to-earnings ratio of 24.01.

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

Aura Minerals Cuts Dividend

The company 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 dividend of $0.72 per share. This represents a $2.88 annualized dividend and a yield of 3.4%. The ex-dividend date of this dividend is Tuesday, August 18th. Aura Minerals’s dividend payout ratio is 81.36%.

Analysts Set New Price Targets

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

Hedge Funds Weigh In On Aura Minerals

A number of institutional investors and hedge funds have recently modified their holdings of the company. Triumph Capital Management bought a new stake in shares of Aura Minerals in the fourth quarter worth $25,000. Hollencrest Capital Management lifted 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 acquiring an additional 600 shares during the period. Global Retirement Partners LLC bought a new position in Aura Minerals in the fourth quarter valued at about $34,000. Virtus Advisers LLC boosted its position in Aura Minerals by 46.4% in the fourth quarter. Virtus Advisers LLC now owns 2,635 shares of the company’s stock worth $133,000 after purchasing an additional 835 shares during the last quarter. Finally, Quarry LP purchased a new position in Aura Minerals in the third quarter worth about $37,000.

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.