Virtu Financial LLC Takes $698,000 Position in Aura Minerals Inc. $AUGO

Virtu Financial LLC acquired a new stake in Aura Minerals Inc. (NASDAQ:AUGO) in the 4th quarter, according to its most recent filing with the SEC. The fund acquired 13,849 shares of the company’s stock, valued at approximately $698,000.

A number of other large investors have also bought and sold shares of the business. Capital World Investors bought a new position in Aura Minerals in the third quarter valued at approximately $60,284,000. SPX Gestao de Recursos Ltda bought a new stake in Aura Minerals in the 3rd quarter valued at $29,988,000. JPMorgan Chase & Co. acquired a new position in Aura Minerals in the 3rd quarter worth $27,097,000. Bank of America Corp DE acquired a new position in Aura Minerals in the 3rd quarter worth $17,623,000. Finally, Marshall Wace LLP acquired a new stake in shares of Aura Minerals in the 3rd quarter valued at about $17,483,000.

Aura Minerals Stock Up 2.7%

Shares of AUGO stock opened at $65.26 on Tuesday. The firm’s fifty day moving average price is $78.81 and its two-hundred day moving average price is $70.62. 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 Inc. has a 1 year low of $22.24 and a 1 year high of $110.32. The firm has a market capitalization of $5.47 billion and a P/E ratio of 60.43.

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

Aura Minerals Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, May 26th. Investors of record on Tuesday, May 19th were given a dividend of $0.78 per share. This represents a $3.12 annualized dividend and a yield of 4.8%. This is a boost from Aura Minerals’s previous quarterly dividend of $0.66. The ex-dividend date of this dividend was Tuesday, May 19th. Aura Minerals’s payout ratio is currently 288.89%.

Insider Buying and Selling

In other Aura Minerals news, CEO Rodrigo Cardoso Barbosa sold 60,000 shares of the firm’s stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of $81.43, for a total value 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. This trade represents a 7.02% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Mauad Bruno Sousa sold 100,000 shares of the business’s stock in a transaction that occurred 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 transaction, the director directly owned 434,965 shares in the company, valued at $33,701,088.20. This trade represents a 18.69% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 295,392 shares of company stock valued at $23,621,436.

Analyst Ratings Changes

AUGO has been the subject of several recent research reports. Weiss Ratings cut Aura Minerals from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, June 5th. JPMorgan Chase & Co. started 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. Zacks Research cut Aura Minerals from a “strong-buy” rating to a “strong sell” rating in a research note on Monday, April 27th. Finally, Wall Street Zen raised Aura Minerals from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. Three research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $67.60.

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.