Aura Minerals (NASDAQ:AUGO) CFO Sells $635,672.08 in Stock

Aura Minerals Inc. (NASDAQ:AUGO) CFO Santos Cardoso Joao Kleber Dos sold 7,934 shares of the company’s stock in a transaction that occurred on Wednesday, August 19th. The stock was sold at an average price of $80.12, for a total transaction of $635,672.08. Following the completion of the transaction, the chief financial officer owned 98,111 shares in the company, valued at approximately $7,860,653.32. This trade represents a 7.48% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 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 Monday, August 17th, Santos Cardoso Joao Kleber Dos sold 2,066 shares of Aura Minerals stock. The shares were sold at an average price of $80.00, for a total transaction of $165,280.00.
• On Friday, August 7th, Santos Cardoso Joao Kleber Dos sold 10,000 shares of Aura Minerals stock. The shares were 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 stock was sold at an average price of $61.95, for a total transaction of $3,717,000.00.

Aura Minerals Price Performance

Shares of NASDAQ:AUGO opened at $87.26 on Friday. The company’s fifty day moving average price is $63.93 and its 200-day moving average price is $73.47. The firm has a market capitalization of $7.31 billion and a price-to-earnings ratio of 24.65. Aura Minerals Inc. has a one year low of $27.16 and a one year high of $110.32. 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 (NASDAQ:AUGO) last posted its quarterly earnings data on Tuesday, June 30th. The company reported $2.57 earnings per share (EPS) for the quarter. Aura Minerals had a net margin of 23.18% and a return on equity of 103.62%. The company had revenue of $335.97 million during the quarter. On average, equities 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 announced a quarterly dividend, which will be paid on Friday, August 28th. Investors of record on Tuesday, August 18th will be paid a $0.72 dividend. This represents a $2.88 dividend on an annualized basis and a yield of 3.3%. The ex-dividend date of this dividend is Tuesday, August 18th. Aura Minerals’s dividend payout ratio is currently 81.36%.

Institutional Trading of Aura Minerals

Several hedge funds have recently added to or reduced their stakes in AUGO. Triumph Capital Management bought a new stake in Aura Minerals in the fourth quarter worth $25,000. Global Retirement Partners LLC bought a new position in shares of Aura Minerals during the fourth quarter valued at about $34,000. Quarry LP purchased a new position in shares of Aura Minerals in the third quarter worth about $37,000. Hollencrest Capital Management increased its holdings in shares of Aura Minerals by 307.7% in the fourth quarter. Hollencrest Capital Management now owns 795 shares of the company’s stock worth $40,000 after buying an additional 600 shares during the period. Finally, Banque Cantonale Vaudoise bought a new stake in shares of Aura Minerals in the 3rd quarter valued at about $108,000.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the company. Zacks Research lowered Aura Minerals from a “hold” rating to a “strong sell” rating in a research note on Tuesday, July 28th. Bank of America reduced their price objective 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. decreased their price objective on Aura Minerals from $104.50 to $91.00 and set an “overweight” rating on the stock in a report on Thursday, July 16th. Wall Street Zen downgraded Aura Minerals from a “buy” rating to a “hold” rating in a research report on Saturday, August 8th. Finally, Weiss Ratings raised Aura Minerals from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, August 7th. 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. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $79.27.

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.