Aura Minerals (NASDAQ:AUGO) Director Mauad Bruno Sousa Sells 32,356 Shares

Aura Minerals Inc. (NASDAQ:AUGO) Director Mauad Bruno Sousa sold 32,356 shares of the business’s stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $76.98, for a total transaction of $2,490,764.88. Following the completion of the sale, the director owned 534,965 shares in the company, valued at approximately $41,181,605.70. This trade represents a 5.70% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

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

• On Friday, May 29th, Mauad Bruno Sousa sold 100,000 shares of Aura Minerals stock. The stock was sold at an average price of $77.48, for a total transaction of $7,748,000.00.
• On Wednesday, May 27th, Mauad Bruno Sousa sold 9,652 shares of Aura Minerals stock. The stock was sold at an average price of $75.62, for a total transaction of $729,884.24.
• 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 Stock Performance

Aura Minerals stock opened at $72.30 on Tuesday. The company’s 50-day moving average price is $83.81 and its 200-day moving average price is $67.94. Aura Minerals Inc. has a twelve month low of $22.24 and a twelve month high of $110.32. The company has a quick ratio of 0.75, a current ratio of 0.98 and a debt-to-equity ratio of 1.03. The company has a market cap of $6.06 billion and a PE ratio of 66.95.

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

Aura Minerals Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, May 26th. Investors 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 dividend on an annualized basis and a dividend yield of 4.3%. This is a boost from Aura Minerals’s previous quarterly dividend of $0.66. Aura Minerals’s dividend payout ratio is presently 288.89%.

Institutional Investors Weigh In On Aura Minerals

Large investors have recently added to or reduced their stakes in the stock. Citigroup Inc. purchased a new stake in Aura Minerals in the 3rd quarter valued at about $1,997,000. JPMorgan Chase & Co. purchased a new stake in Aura Minerals in the 3rd quarter valued at about $27,097,000. William Blair Investment Management LLC purchased a new stake in Aura Minerals in the 3rd quarter valued at about $16,901,000. Artisan Partners Limited Partnership purchased a new stake in shares of Aura Minerals in the 3rd quarter worth approximately $1,819,000. Finally, Diversified Trust Co. lifted its position in shares of Aura Minerals by 194.8% in the 4th quarter. Diversified Trust Co. now owns 17,100 shares of the company’s stock worth $862,000 after purchasing an additional 11,300 shares during the period.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the stock. JPMorgan Chase & Co. assumed 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 for the company. Zacks Research cut shares of Aura Minerals from a “strong-buy” rating to a “strong sell” rating in a research note on Monday, April 27th. Wall Street Zen raised shares of Aura Minerals from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. Finally, Weiss Ratings raised shares of Aura Minerals from a “hold (c)” rating to a “buy (b-)” rating in a research note on Thursday, May 21st. Four research analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Aura Minerals currently has a consensus rating of “Moderate Buy” and a consensus price target of $67.60.

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.