Aura Minerals (NASDAQ:AUGO) Director Sells $729,884.24 in Stock

Aura Minerals Inc. (NASDAQ:AUGO) Director Mauad Bruno Sousa sold 9,652 shares of the firm’s stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $75.62, for a total transaction of $729,884.24. Following the transaction, the director owned 567,321 shares of the company’s stock, valued at $42,900,814.02. This trade represents a 1.67% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.

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

• On Tuesday, May 12th, Mauad Bruno Sousa sold 38,384 shares of Aura Minerals stock. The stock was sold at an average price of $83.95, for a total transaction of $3,222,336.80.

Aura Minerals Price Performance

Aura Minerals stock opened at $77.27 on Friday. Aura Minerals Inc. has a 12-month low of $22.24 and a 12-month high of $110.32. The stock has a market capitalization of $6.47 billion and a P/E ratio of 71.55. The firm’s 50-day moving average is $83.70 and its two-hundred day moving average is $67.46. The company has a debt-to-equity ratio of 1.03, a current ratio of 0.98 and a quick ratio of 0.75.

Aura Minerals (NASDAQ:AUGO) last released its quarterly earnings results on Wednesday, May 20th. The company reported $999.00 earnings per share (EPS) for the quarter. Aura Minerals had a net margin of 7.80% and a return on equity of 111.96%. Equities analysts predict that Aura Minerals Inc. will post 10.08 earnings per share for the current year.

Aura Minerals Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, May 26th. Shareholders of record on Tuesday, May 19th were paid a dividend of $0.78 per share. The ex-dividend date of this dividend was Tuesday, May 19th. This represents a $3.12 annualized dividend and a dividend yield of 4.0%. This is an increase from Aura Minerals’s previous quarterly dividend of $0.66. Aura Minerals’s dividend payout ratio is 288.89%.

Analysts Set New Price Targets

Several equities research analysts have issued reports on AUGO shares. JPMorgan Chase & Co. started coverage on shares of Aura Minerals in a research note on Wednesday, February 25th. They set an “overweight” rating and a $105.00 price target on the stock. Zacks Research cut shares of Aura Minerals from a “strong-buy” rating to a “strong sell” rating in a research report on Monday, April 27th. Weiss Ratings raised shares of Aura Minerals from a “hold (c)” rating to a “buy (b-)” rating in a research report on Thursday, May 21st. Finally, Wall Street Zen raised shares of Aura Minerals from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. Four analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat, Aura Minerals has an average rating of “Moderate Buy” and a consensus target price of $67.60.

Institutional Investors Weigh In On Aura Minerals

Several hedge funds have recently modified their holdings of AUGO. Triumph Capital Management acquired a new stake in shares of Aura Minerals in the fourth quarter worth approximately $25,000. Global Retirement Partners LLC acquired a new position in Aura Minerals during the fourth quarter valued at approximately $34,000. Quarry LP acquired a new position in Aura Minerals during the third quarter valued at approximately $37,000. Hollencrest Capital Management lifted its position in Aura Minerals by 307.7% during the fourth quarter. Hollencrest Capital Management now owns 795 shares of the company’s stock valued at $40,000 after buying an additional 600 shares in the last quarter. Finally, Shell Asset Management Co. acquired a new position in Aura Minerals during the third quarter valued at approximately $43,000.

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.