Santos Cardoso Joao Kleber Dos Sells 60,000 Shares of Aura Minerals (NASDAQ:AUGO) Stock

Aura Minerals Inc. (NASDAQ:AUGO) CFO Santos Cardoso Joao Kleber Dos sold 60,000 shares of the firm’s stock in a transaction that occurred on Tuesday, June 30th. The stock was sold at an average price of $61.95, for a total transaction of $3,717,000.00. Following the transaction, the chief financial officer directly owned 118,111 shares in the company, valued at approximately $7,316,976.45. This trade represents a 33.69% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Aura Minerals Price Performance

AUGO opened at $65.46 on Friday. The company has a market capitalization of $5.48 billion and a price-to-earnings ratio of 60.61. 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 12-month low of $22.24 and a 12-month high of $110.32. The business’s fifty day simple moving average is $72.02 and its 200-day simple moving average is $71.70.

Aura Minerals (NASDAQ:AUGO) last issued its quarterly earnings data on Wednesday, May 6th. The company reported $1.13 EPS for the quarter. Aura Minerals had a net margin of 7.80% and a return on equity of 111.96%. The company had revenue of $382.61 million during the quarter. On average, equities research analysts anticipate that Aura Minerals Inc. will post 7.78 earnings per share for the current fiscal year.

Aura Minerals Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, May 26th. Stockholders of record on Tuesday, May 19th were issued a dividend of $0.78 per share. This represents a $3.12 dividend on an annualized basis and a dividend 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 dividend payout ratio is presently 288.89%.

Analyst Ratings Changes

A number of equities research analysts recently commented on AUGO shares. Zacks Research upgraded Aura Minerals from a “strong sell” rating to a “hold” rating in a research report on Monday. Wall Street Zen upgraded shares of Aura Minerals from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. Finally, Weiss Ratings cut shares of Aura Minerals from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday. Three analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $67.60.

Institutional Investors Weigh In On Aura Minerals

Institutional investors have recently added to or reduced their stakes in the stock. Triumph Capital Management acquired a new stake in shares of Aura Minerals in the fourth quarter valued at about $25,000. Global Retirement Partners LLC acquired a new position in Aura Minerals during the fourth quarter worth about $34,000. Quarry LP acquired a new position in Aura Minerals during the third quarter worth about $37,000. Hollencrest Capital Management grew its stake in 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 acquiring an additional 600 shares in the last quarter. Finally, Banque Cantonale Vaudoise purchased a new stake in Aura Minerals during the 3rd quarter valued at about $108,000.

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.