Aura Minerals (NASDAQ:AUGO) Director Sells $620,960.75 in Stock

Aura Minerals Inc. (NASDAQ:AUGO) Director Mauad Sousa sold 7,495 shares of the company’s stock in a transaction on Wednesday, November 11th. The stock was sold at an average price of $82.85, for a total transaction of $620,960.75. Following the sale, the director directly owned 183,046 shares in the company, valued at $15,165,361.10. This trade represents a 3.93% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link.

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

• On Tuesday, September 22nd, Mauad Sousa sold 166,000 shares of Aura Minerals stock. The shares were sold at an average price of $90.65, for a total transaction of $15,047,900.00.
• On Thursday, September 17th, Mauad Sousa sold 73,925 shares of Aura Minerals stock. The shares were sold at an average price of $92.40, for a total transaction of $6,830,670.00.
• On Friday, September 11th, Mauad Sousa sold 54,991 shares of Aura Minerals stock. The stock was sold at an average price of $87.40, for a total transaction of $4,806,213.40.
• On Wednesday, September 9th, Mauad Sousa sold 53,627 shares of Aura Minerals stock. The shares were sold at an average price of $86.61, for a total transaction of $4,644,634.47.
• On Tuesday, September 1st, Mauad Sousa bought 1 shares of Aura Minerals stock. The stock was purchased at an average price of $81.10 per share, with a total value of $81.10.
• On Monday, August 31st, Mauad Sousa sold 127,500 shares of Aura Minerals stock. The shares were sold at an average price of $81.20, for a total transaction of $10,353,000.00.
• On Monday, August 31st, Mauad Sousa purchased 10 shares of Aura Minerals stock. The shares were acquired at an average price of $79.89 per share, with a total value of $798.90.
• On Friday, August 28th, Mauad Sousa sold 157,500 shares of Aura Minerals stock. The stock was sold at an average price of $86.73, for a total value of $13,659,975.00.
• On Friday, August 28th, Mauad Sousa purchased 252,000 shares of Aura Minerals stock. The shares were acquired at an average cost of $86.48 per share, for a total transaction of $21,792,960.00.
• On Monday, August 24th, Mauad Sousa sold 120,757 shares of Aura Minerals stock. The shares were sold at an average price of $88.45, for a total value of $10,680,956.65.

Aura Minerals Stock Performance

NASDAQ:AUGO traded down $1.72 on Thursday, hitting $79.68. The company’s stock had a trading volume of 156,120 shares, compared to its average volume of 974,854. Aura Minerals Inc. has a one year low of $33.91 and a one year high of $110.32. The firm has a market capitalization of $6.68 billion, a P/E ratio of 15.75, a price-to-earnings-growth ratio of 0.23 and a beta of 0.82. The stock has a fifty day moving average of $82.55 and a two-hundred day moving average of $76.12. The company has a current ratio of 1.30, a quick ratio of 1.07 and a debt-to-equity ratio of 1.08.

Aura Minerals Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 27th. Investors of record on Wednesday, November 18th will be issued a dividend of $0.72 per share. The ex-dividend date of this dividend is Wednesday, November 18th. This represents a $2.88 dividend on an annualized basis and a dividend yield of 3.6%. Aura Minerals’s payout ratio is presently 56.92%.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the company. Wall Street Zen downgraded Aura Minerals from a “strong-buy” rating to a “buy” rating in a report on Sunday. Zacks Research upgraded shares of Aura Minerals from a “strong sell” rating to a “hold” rating in a report on Monday, September 7th. Scotiabank began coverage on shares of Aura Minerals in a research report on Thursday, September 17th. They issued a “sector outperform” rating and a $110.00 price objective on the stock. Santander cut shares of Aura Minerals from an “outperform” rating to a “neutral” rating in a research note on Monday, August 31st. Finally, JPMorgan Chase & Co. reduced their target price on shares of Aura Minerals from $104.50 to $91.00 and set an “overweight” rating for the company in a report on Thursday, July 16th. Five research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, Aura Minerals currently has an average rating of “Moderate Buy” and an average price target of $86.95.

Hedge Funds Weigh In On Aura Minerals

Institutional investors and hedge funds have recently made changes to their positions in the company. Triumph Capital Management increased its stake in shares of Aura Minerals by 32.4% during the second quarter. Triumph Capital Management now owns 596 shares of the company’s stock worth $38,000 after purchasing an additional 146 shares during the period. Parallel Advisors LLC acquired a new position in Aura Minerals in the 3rd quarter valued at $38,000. GAMMA Investing LLC grew its holdings in Aura Minerals by 522.2% in the 3rd quarter. GAMMA Investing LLC now owns 616 shares of the company’s stock valued at $48,000 after buying an additional 517 shares in the last quarter. Pinnacle Wealth Planning Services Inc. acquired a new position in Aura Minerals in the 3rd quarter valued at $42,000. Finally, Commonwealth Equity Services LLC increased its position in Aura Minerals by 31.3% during the 3rd quarter. Commonwealth Equity Services LLC now owns 4,571 shares of the company’s stock worth $360,000 after buying an additional 1,090 shares during the period.

About Aura Minerals

Aura Minerals is a mining company focused on exploring, developing and operating gold and copper properties in the Americas. Its operations also produce silver as a byproduct at some sites. The company’s portfolio includes mines and projects in Brazil, Mexico and Honduras. Its activities span the mining lifecycle, from resource exploration and project development to the production and sale of metals. Aura Minerals is led by Chief Executive Officer Rodrigo Barbosa. The company has expanded its portfolio over time through mine development and acquisitions.