Aura Minerals (NASDAQ:AUGO) COO Luvizotto Glauber Rosa Sells 64,713 Shares of Stock

Aura Minerals Inc. (NASDAQ:AUGO) COO Luvizotto Glauber Rosa sold 64,713 shares of the stock in a transaction on Wednesday, August 19th. The shares were sold at an average price of $80.20, for a total value of $5,189,982.60. Following the completion of the sale, the chief operating officer owned 224,515 shares of the company’s stock, valued at $18,006,103. The trade was a 22.37% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at 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 17th, Luvizotto Glauber Rosa sold 1,400 shares of Aura Minerals stock. The shares were sold at an average price of $80.00, for a total transaction of $112,000.00.
• On Monday, August 10th, Luvizotto Glauber Rosa sold 50,000 shares of Aura Minerals stock. The shares were sold at an average price of $75.02, for a total transaction of $3,751,000.00.
• On Friday, August 7th, Luvizotto Glauber Rosa sold 50,000 shares of Aura Minerals stock. The shares were 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 shares were sold at an average price of $65.23, for a total transaction of $1,240,022.30.
• On Friday, June 26th, Luvizotto Glauber Rosa sold 22,367 shares of Aura Minerals stock. The stock was sold at an average price of $65.27, for a total transaction of $1,459,894.09.
• On Monday, June 22nd, Luvizotto Glauber Rosa sold 6,323 shares of Aura Minerals stock. The stock was sold at an average price of $65.22, for a total transaction of $412,386.06.

Aura Minerals Stock Up 0.7%

NASDAQ AUGO opened at $87.26 on Friday. Aura Minerals Inc. has a 1-year low of $27.16 and a 1-year high of $110.32. The company has a market capitalization of $7.31 billion and a price-to-earnings ratio of 24.65. The stock’s 50 day moving average is $63.93 and its two-hundred day moving average is $73.47. The company has a current ratio of 1.06, a quick ratio of 0.82 and a debt-to-equity ratio of 0.82.

Aura Minerals (NASDAQ:AUGO) last announced its quarterly 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 business had revenue of $335.97 million for the quarter. Equities analysts forecast that Aura Minerals Inc. will post 5.55 earnings per share for the current fiscal year.

Aura Minerals Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 28th. Shareholders of record on Tuesday, August 18th will be issued a dividend of $0.72 per share. The ex-dividend date of this dividend is Tuesday, August 18th. This represents a $2.88 dividend on an annualized basis and a dividend yield of 3.3%. Aura Minerals’s dividend payout ratio (DPR) is presently 81.36%.

Wall Street Analyst Weigh In

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

Institutional Investors Weigh In On Aura Minerals

A number of institutional investors have recently made changes to their positions in the stock. Banque Cantonale Vaudoise bought a new stake in Aura Minerals in the third quarter valued at about $108,000. Legal & General Group Plc bought a new position in Aura Minerals during the third quarter worth about $317,000. Van ECK Associates Corp acquired a new position in shares of Aura Minerals during the 3rd quarter worth about $1,476,000. BNP Paribas Financial Markets acquired a new position in shares of Aura Minerals during the 3rd quarter worth about $145,000. Finally, Arrowstreet Capital Limited Partnership bought a new stake in shares of Aura Minerals in the 3rd quarter valued at about $3,947,000.

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.