Diversified Trust Co. Acquires 11,300 Shares of Aura Minerals Inc. $AUGO

Diversified Trust Co. grew its holdings in Aura Minerals Inc. (NASDAQ:AUGO) by 194.8% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 17,100 shares of the company’s stock after acquiring an additional 11,300 shares during the period. Diversified Trust Co.’s holdings in Aura Minerals were worth $862,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Ashoka WhiteOak Capital Pte Ltd purchased a new position in Aura Minerals during the third quarter worth $874,000. Diversified Trust Co purchased a new stake in Aura Minerals in the 3rd quarter valued at about $216,000. U S Global Investors Inc. bought a new position in Aura Minerals in the 3rd quarter worth about $3,721,000. North of South Capital LLP bought a new stake in Aura Minerals during the 3rd quarter valued at $3,088,000. Finally, Teacher Retirement System of Texas bought a new stake in shares of Aura Minerals in the third quarter valued at about $16,744,000.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on AUGO. Wall Street Zen downgraded Aura Minerals from a “strong-buy” rating to a “buy” rating in a report on Sunday, February 22nd. JPMorgan Chase & Co. began coverage on Aura Minerals in a research note on Wednesday, February 25th. They set an “overweight” rating and a $105.00 price target on the stock. The Goldman Sachs Group boosted their target price on shares of Aura Minerals from $46.60 to $52.80 and gave the stock a “buy” rating in a research report on Wednesday, December 3rd. Zacks Research raised Aura Minerals from a “hold” rating to a “strong-buy” rating in a research report on Monday, March 2nd. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Aura Minerals in a report on Monday, December 29th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, Aura Minerals has a consensus rating of “Buy” and an average target price of $67.60.

Insider Transactions at Aura Minerals

In other Aura Minerals news, CEO Rodrigo Cardoso Barbosa sold 10,000 shares of Aura Minerals stock in a transaction dated Thursday, March 19th. The stock was sold at an average price of $65.82, for a total value of $658,200.00. Following the completion of the transaction, the chief executive officer directly owned 859,745 shares of the company’s stock, valued at $56,588,415.90. The trade was a 1.15% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

Aura Minerals Stock Performance

Shares of Aura Minerals stock opened at $70.07 on Friday. The company has a debt-to-equity ratio of 1.17, a quick ratio of 0.75 and a current ratio of 0.97. Aura Minerals Inc. has a one year low of $15.00 and a one year high of $90.19. The business’s 50 day moving average price is $72.99 and its 200 day moving average price is $51.68. The company has a market cap of $5.85 billion and a price-to-earnings ratio of -66.73.

Aura Minerals (NASDAQ:AUGO) last issued 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 positive return on equity of 94.81% and a negative net margin of 8.61%.

Aura Minerals Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 18th. Shareholders of record on Wednesday, March 11th were given a $0.66 dividend. The ex-dividend date of this dividend was Wednesday, March 11th. This represents a $2.64 dividend on an annualized basis and a yield of 3.8%. Aura Minerals’s payout ratio is presently -251.43%.

Aura Minerals 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.