Luvizotto Glauber Rosa Sells 6,323 Shares of Aura Minerals (NASDAQ:AUGO) Stock

Aura Minerals Inc. (NASDAQ:AUGO) COO Luvizotto Glauber Rosa sold 6,323 shares of the business’s stock in a transaction dated Monday, June 22nd. The shares were sold at an average price of $65.22, for a total value of $412,386.06. Following the transaction, the chief operating officer owned 434,305 shares in the company, valued at approximately $28,325,372.10. This represents a 1.43% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Aura Minerals Trading Up 5.6%

NASDAQ AUGO opened at $61.13 on Friday. Aura Minerals Inc. has a fifty-two week low of $22.24 and a fifty-two week high of $110.32. The company has a debt-to-equity ratio of 1.03, a quick ratio of 0.75 and a current ratio of 0.98. The stock has a 50 day simple moving average of $76.13 and a two-hundred day simple moving average of $71.01. The stock has a market cap of $5.12 billion and a P/E ratio of 56.60.

Aura Minerals (NASDAQ:AUGO) last posted its earnings results on Wednesday, May 20th. The company reported $999.00 earnings per share (EPS) for the quarter. Aura Minerals had a return on equity of 111.96% and a net margin of 7.80%. On average, analysts forecast that Aura Minerals Inc. will post 10.08 earnings per share for the current 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 issued a $0.78 dividend. This represents a $3.12 annualized dividend and a yield of 5.1%. This is an increase from Aura Minerals’s previous quarterly dividend of $0.66. The ex-dividend date was Tuesday, May 19th. Aura Minerals’s dividend payout ratio (DPR) is presently 288.89%.

Wall Street Analyst Weigh In

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

Institutional Investors Weigh In On Aura Minerals

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Triumph Capital Management purchased a new position in Aura Minerals during the fourth quarter valued at $25,000. Hollencrest Capital Management boosted its holdings in shares of Aura Minerals by 307.7% during the 4th 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. Global Retirement Partners LLC purchased a new stake in shares of Aura Minerals in the 4th quarter worth about $34,000. Virtus Advisers LLC grew its position in shares of Aura Minerals by 46.4% in the 4th quarter. Virtus Advisers LLC now owns 2,635 shares of the company’s stock worth $133,000 after buying an additional 835 shares during the period. Finally, Quarry LP bought a new position in shares of Aura Minerals in the 3rd quarter worth about $37,000.

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.