10,242 Shares in Aura Minerals Inc. $AUGO Acquired by Sheets Smith Wealth Management

Sheets Smith Wealth Management bought a new stake in Aura Minerals Inc. (NASDAQ:AUGO) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 10,242 shares of the company’s stock, valued at approximately $836,000.

Several other hedge funds also recently bought and sold shares of AUGO. Caitong International Asset Management Co. Ltd acquired a new position in shares of Aura Minerals in the 4th quarter valued at $134,000. Virtu Financial LLC acquired a new stake in Aura Minerals during the 4th quarter worth $698,000. Invesco Ltd. lifted its holdings in Aura Minerals by 811.4% during the fourth quarter. Invesco Ltd. now owns 209,605 shares of the company’s stock worth $10,567,000 after acquiring an additional 186,608 shares in the last quarter. Tudor Investment Corp ET AL bought a new position in Aura Minerals during the fourth quarter worth about $10,436,000. Finally, Quadrature Capital Ltd grew its stake in Aura Minerals by 497.8% in the fourth quarter. Quadrature Capital Ltd now owns 57,014 shares of the company’s stock valued at $2,874,000 after acquiring an additional 47,477 shares during the period.

Analyst Ratings Changes

Several brokerages recently issued reports on AUGO. Wall Street Zen upgraded Aura Minerals from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. Weiss Ratings downgraded shares of Aura Minerals from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, June 5th. JPMorgan Chase & Co. assumed coverage on Aura Minerals in a research report on Wednesday, February 25th. They issued an “overweight” rating and a $105.00 target price on the stock. Finally, Zacks Research cut Aura Minerals from a “strong-buy” rating to a “strong sell” rating in a research note on Monday, April 27th. Three analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $67.60.

Aura Minerals Stock Performance

NASDAQ AUGO opened at $63.54 on Monday. The stock has a 50 day moving average of $79.48 and a 200-day moving average of $70.44. Aura Minerals Inc. has a 12 month low of $22.24 and a 12 month high of $110.32. The company has a market cap of $5.32 billion and a PE ratio of 58.83. The company has a current ratio of 0.98, a quick ratio of 0.75 and a debt-to-equity ratio of 1.03.

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 return on equity of 111.96% and a net margin of 7.80%. On average, equities research analysts anticipate that Aura Minerals Inc. will post 10.08 EPS for the current fiscal year.

Aura Minerals Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, May 26th. Shareholders of record on Tuesday, May 19th were issued a $0.78 dividend. The ex-dividend date of this dividend was Tuesday, May 19th. This represents a $3.12 annualized dividend and a yield of 4.9%. This is a boost from Aura Minerals’s previous quarterly dividend of $0.66. Aura Minerals’s payout ratio is presently 288.89%.

Insider Transactions at Aura Minerals

In other Aura Minerals news, CEO Rodrigo Cardoso Barbosa sold 60,000 shares of the business’s stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $81.43, for a total transaction of $4,885,800.00. Following the completion of the transaction, the chief executive officer directly owned 794,745 shares in the company, valued at $64,716,085.35. The trade was a 7.02% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Mauad Bruno Sousa sold 100,000 shares of the company’s stock in a transaction on Friday, May 29th. The stock was sold at an average price of $77.48, for a total value of $7,748,000.00. Following the sale, the director owned 434,965 shares of the company’s stock, valued at $33,701,088.20. The trade was a 18.69% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 295,392 shares of company stock valued at $23,621,436.

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.