Ashoka WhiteOak Capital Pte Ltd Has $4.43 Million Stock Holdings in Aura Minerals Inc. $AUGO

Ashoka WhiteOak Capital Pte Ltd raised its position in shares of Aura Minerals Inc. (NASDAQ:AUGO) by 270.3% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 87,030 shares of the company’s stock after purchasing an additional 63,530 shares during the period. Aura Minerals comprises 1.7% of Ashoka WhiteOak Capital Pte Ltd’s portfolio, making the stock its 9th biggest position. Ashoka WhiteOak Capital Pte Ltd’s holdings in Aura Minerals were worth $4,425,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Quarry LP bought a new stake in Aura Minerals during the 3rd quarter valued at $37,000. Shell Asset Management Co. bought a new stake in Aura Minerals during the 3rd quarter valued at $43,000. Banque Cantonale Vaudoise bought a new stake in Aura Minerals during the 3rd quarter valued at $108,000. BNP Paribas Financial Markets bought a new stake in Aura Minerals during the 3rd quarter valued at $145,000. Finally, State of Wyoming bought a new stake in Aura Minerals during the 3rd quarter valued at $164,000.

Aura Minerals Stock Down 1.3%

Aura Minerals stock opened at $81.06 on Tuesday. The company has a debt-to-equity ratio of 1.03, a current ratio of 0.98 and a quick ratio of 0.75. The stock has a market capitalization of $6.79 billion and a price-to-earnings ratio of 75.06. Aura Minerals Inc. has a 1-year low of $17.98 and a 1-year high of $110.32. The business has a fifty day moving average price of $85.13 and a 200-day moving average price of $63.40.

Aura Minerals (NASDAQ:AUGO) last posted its quarterly earnings data on Saturday, February 14th. The company reported ($0.24) earnings per share for the quarter. The business had revenue of $321.66 million during the quarter. Aura Minerals had a return on equity of 111.96% and a net margin of 7.80%. Equities research analysts forecast that Aura Minerals Inc. will post 12.27 EPS for the current fiscal year.

Aura Minerals Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 26th. Stockholders of record on Tuesday, May 19th will be given a $0.78 dividend. This represents a $3.12 dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date of this dividend is Tuesday, May 19th. This is a positive change from Aura Minerals’s previous quarterly dividend of $0.66. Aura Minerals’s payout ratio is 244.44%.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on AUGO. Zacks Research lowered Aura Minerals from a “strong-buy” rating to a “strong sell” rating in a research report on Monday, April 27th. JPMorgan Chase & Co. started coverage on Aura Minerals in a report on Wednesday, February 25th. They issued an “overweight” rating and a $105.00 price target on the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of Aura Minerals in a report on Friday, March 27th. Finally, Wall Street Zen upgraded Aura Minerals from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. 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 stock. According to data from MarketBeat, Aura Minerals presently has an average rating of “Hold” and an average price target of $67.60.

Insider Buying and Selling at Aura Minerals

In other news, CEO Rodrigo Cardoso Barbosa sold 5,000 shares of the firm’s stock in a transaction on Friday, March 20th. The stock was sold at an average price of $61.75, for a total value of $308,750.00. Following the completion of the sale, the chief executive officer owned 854,745 shares of the company’s stock, valued at $52,780,503.75. This trade represents a 0.58% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

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.