Aura Minerals (NASDAQ:AUGO) CFO Sells $700,300.00 in Stock

Aura Minerals Inc. (NASDAQ:AUGO) CFO Santos Cardoso Joao Kleber Dos sold 10,000 shares of the business’s stock in a transaction on Friday, August 7th. The shares were sold at an average price of $70.03, for a total transaction of $700,300.00. Following the sale, the chief financial officer directly owned 108,111 shares of the company’s stock, valued at $7,571,013.33. This represents a 8.47% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 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 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 value of $3,717,000.00.

Aura Minerals Trading Up 2.9%

Aura Minerals stock traded up $2.12 during midday trading on Monday, reaching $76.25. The stock had a trading volume of 1,074,731 shares, compared to its average volume of 872,799. Aura Minerals Inc. has a twelve month low of $25.12 and a twelve month high of $110.32. The stock has a market capitalization of $6.39 billion and a PE ratio of 17.44. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.82 and a current ratio of 1.06. The stock’s 50-day simple moving average is $60.41 and its 200 day simple moving average is $72.73.

Aura Minerals (NASDAQ:AUGO) last announced its quarterly earnings results on Tuesday, June 30th. The company reported $2.57 EPS for the quarter. The company 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%. Analysts expect that Aura Minerals Inc. will post 5.55 EPS for the current year.

Aura Minerals Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, August 28th. Stockholders of record on Tuesday, August 18th will be issued a dividend of $0.72 per share. The ex-dividend date is Tuesday, August 18th. This represents a $2.88 dividend on an annualized basis and a dividend yield of 3.8%. Aura Minerals’s payout ratio is presently 88.14%.

Institutional Trading of Aura Minerals

Several large investors have recently bought and sold shares of AUGO. Triumph Capital Management purchased a new stake in shares of Aura Minerals during the fourth quarter valued at approximately $25,000. Hollencrest Capital Management boosted its stake in shares of 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 purchasing an additional 600 shares during the period. Global Retirement Partners LLC purchased a new position in shares of Aura Minerals in the fourth quarter valued at $34,000. Virtus Advisers LLC grew its holdings in Aura Minerals by 46.4% during the 4th quarter. Virtus Advisers LLC now owns 2,635 shares of the company’s stock valued at $133,000 after purchasing an additional 835 shares in the last quarter. Finally, Quarry LP acquired a new stake in Aura Minerals during the 3rd quarter valued at $37,000.

Analyst Ratings Changes

AUGO has been the subject of several research reports. Weiss Ratings raised shares of Aura Minerals from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday. Zacks Research lowered shares of Aura Minerals from a “hold” rating to a “strong sell” rating in a report on Tuesday, July 28th. JPMorgan Chase & Co. decreased their price target 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. Wall Street Zen downgraded Aura Minerals from a “buy” rating to a “hold” rating in a report on Saturday. Finally, Bank of America cut 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. Three equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $79.27.

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.