Aura Minerals Inc. (NASDAQ:AUGO – Get Free Report) Director Mauad Bruno Sousa sold 38,384 shares of Aura Minerals stock in a transaction on Tuesday, May 12th. The stock was sold at an average price of $83.95, for a total value of $3,222,336.80. Following the completion of the transaction, the director owned 576,973 shares in the company, valued at $48,436,883.35. The trade was a 6.24% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Aura Minerals Stock Performance
Shares of AUGO stock opened at $79.26 on Thursday. Aura Minerals Inc. has a 1-year low of $18.74 and a 1-year high of $110.32. The company has a current ratio of 0.98, a quick ratio of 0.75 and a debt-to-equity ratio of 1.03. The company has a market capitalization of $6.64 billion and a price-to-earnings ratio of 73.39. The stock’s fifty day simple moving average is $84.94 and its 200-day simple moving average is $64.08.
Aura Minerals (NASDAQ:AUGO – Get Free Report) last issued its quarterly earnings results on Saturday, February 14th. The company reported ($0.24) earnings per share for the quarter. Aura Minerals had a net margin of 7.80% and a return on equity of 111.96%. The business had revenue of $321.66 million for the quarter. On average, sell-side analysts predict that Aura Minerals Inc. will post 10.08 earnings per share for the current fiscal year.
Aura Minerals Increases Dividend
Institutional Trading of Aura Minerals
Institutional investors and hedge funds have recently made changes to their positions in the stock. Capital World Investors acquired a new position in shares of Aura Minerals during the 3rd quarter worth about $60,284,000. SPX Gestao de Recursos Ltda lifted its position in shares of Aura Minerals by 8.8% during the 4th quarter. SPX Gestao de Recursos Ltda now owns 877,211 shares of the company’s stock worth $44,225,000 after purchasing an additional 71,289 shares during the last quarter. JPMorgan Chase & Co. acquired a new position in shares of Aura Minerals during the 3rd quarter worth about $27,097,000. Marshall Wace LLP lifted its position in shares of Aura Minerals by 32.7% during the 4th quarter. Marshall Wace LLP now owns 623,662 shares of the company’s stock worth $31,439,000 after purchasing an additional 153,828 shares during the last quarter. Finally, Jennison Associates LLC acquired a new position in shares of Aura Minerals during the 1st quarter worth about $50,378,000.
Analyst Upgrades and Downgrades
AUGO has been the topic of a number of research analyst reports. Weiss Ratings reiterated a “hold (c)” rating on shares of Aura Minerals in a report on Friday, March 27th. Wall Street Zen upgraded Aura Minerals from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. JPMorgan Chase & Co. initiated coverage on Aura Minerals in a report on Wednesday, February 25th. They set an “overweight” rating and a $105.00 price target on the stock. Finally, Zacks Research downgraded Aura Minerals from a “strong-buy” rating to a “strong sell” rating in a report on Monday, April 27th. Three research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $67.60.
Read Our Latest Report on AUGO
About Aura Minerals
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.
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