Aura Minerals (NASDAQ:AUGO) Director Sells 127,500 Shares of Stock

Aura Minerals Inc. (NASDAQ:AUGO) Director Mauad Bruno Sousa sold 127,500 shares of the stock in a transaction that occurred on Monday, August 31st. The shares were sold at an average price of $81.20, for a total transaction of $10,353,000.00. Following the completion of the sale, the director directly owned 163,366 shares of the company’s stock, valued at approximately $13,265,319.20. This trade represents a 43.83% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Mauad Bruno Sousa also recently made the following trade(s):

• On Monday, August 31st, Mauad Bruno Sousa purchased 10 shares of Aura Minerals stock. The shares were purchased at an average price of $79.89 per share, with a total value of $798.90.
• On Friday, August 28th, Mauad Bruno Sousa sold 157,500 shares of Aura Minerals stock. The shares were sold at an average price of $86.73, for a total transaction of $13,659,975.00.
• On Friday, August 28th, Mauad Bruno Sousa purchased 252,000 shares of Aura Minerals stock. The shares were purchased at an average cost of $86.48 per share, for a total transaction of $21,792,960.00.
• On Monday, August 24th, Mauad Bruno Sousa sold 120,757 shares of Aura Minerals stock. The shares were sold at an average price of $88.45, for a total transaction of $10,680,956.65.
• On Friday, August 21st, Mauad Bruno Sousa sold 222,652 shares of Aura Minerals stock. The shares were sold at an average price of $88.11, for a total transaction of $19,617,867.72.
• On Thursday, August 20th, Mauad Bruno Sousa sold 125,000 shares of Aura Minerals stock. The stock was sold at an average price of $86.00, for a total value of $10,750,000.00.
• On Wednesday, August 19th, Mauad Bruno Sousa sold 280,000 shares of Aura Minerals stock. The shares were sold at an average price of $81.67, for a total transaction of $22,867,600.00.
• On Monday, August 17th, Mauad Bruno Sousa acquired 11,000 shares of Aura Minerals stock. The stock was acquired at an average cost of $78.93 per share, for a total transaction of $868,230.00.

Aura Minerals Stock Performance

Shares of AUGO stock traded up $5.56 during trading hours on Wednesday, reaching $84.60. 721,114 shares of the company’s stock were exchanged, compared to its average volume of 1,047,665. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.06 and a quick ratio of 0.82. The company’s 50 day moving average is $66.95 and its two-hundred day moving average is $74.43. The company has a market cap of $7.09 billion, a P/E ratio of 18.60 and a beta of 0.28. Aura Minerals Inc. has a 1 year low of $29.11 and a 1 year high of $110.32.

Aura Minerals (NASDAQ:AUGO) last posted its quarterly earnings results on Tuesday, June 30th. The company reported $2.57 earnings per share for the quarter. The firm had revenue of $335.97 million for the quarter. Aura Minerals had a return on equity of 103.62% and a net margin of 23.18%. Equities research analysts anticipate that Aura Minerals Inc. will post 5.5 EPS for the current fiscal year.

Aura Minerals Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, August 28th. Stockholders of record on Tuesday, August 18th were paid a dividend of $0.72 per share. The ex-dividend date of this dividend was Tuesday, August 18th. This represents a $2.88 dividend on an annualized basis and a dividend yield of 3.4%. Aura Minerals’s dividend payout ratio is 81.36%.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on AUGO shares. Santander lowered shares of Aura Minerals from an “outperform” rating to a “neutral” rating in a research report on Monday. Zacks Research downgraded Aura Minerals from a “hold” rating to a “strong sell” rating in a research report 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 research note on Thursday, July 16th. Finally, Wall Street Zen raised shares of Aura Minerals from a “hold” rating to a “buy” rating in a research note on Saturday. Three equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Aura Minerals has an average rating of “Hold” and an average target price of $79.27.

Hedge Funds Weigh In On Aura Minerals

Institutional investors have recently added to or reduced their stakes in the business. Triumph Capital Management purchased a new stake in Aura Minerals in the 4th quarter valued at about $25,000. Global Retirement Partners LLC acquired a new stake in shares of Aura Minerals in the fourth quarter worth approximately $34,000. Hollencrest Capital Management boosted its position 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 acquiring an additional 600 shares during the last quarter. Quarry LP purchased a new stake in Aura Minerals in the third quarter valued at approximately $37,000. Finally, Mark Sheptoff Financial Planning LLC purchased a new stake in shares of Aura Minerals during the 4th quarter valued at $118,000.

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.