Aura Minerals (NASDAQ:AUGO) Director Sells $22,867,600.00 in Stock

Aura Minerals Inc. (NASDAQ:AUGOGet Free Report) Director Mauad Bruno Sousa sold 280,000 shares of the firm’s stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of $81.67, for a total value of $22,867,600.00. Following the completion of the transaction, the director owned 168,765 shares in the company, valued at $13,783,037.55. The trade was a 62.39% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

Mauad Bruno Sousa also recently made the following trade(s):

  • On Monday, August 17th, Mauad Bruno Sousa acquired 11,000 shares of Aura Minerals stock. The shares were purchased at an average cost of $78.93 per share, with a total value of $868,230.00.
  • On Wednesday, June 3rd, Mauad Bruno Sousa acquired 2,800 shares of Aura Minerals stock. The shares were purchased at an average cost of $64.95 per share, with a total value of $181,860.00.
  • On Friday, May 29th, Mauad Bruno Sousa sold 100,000 shares of Aura Minerals stock. The stock was sold at an average price of $77.48, for a total transaction of $7,748,000.00.
  • On Thursday, May 28th, Mauad Bruno Sousa sold 32,356 shares of Aura Minerals stock. The shares were sold at an average price of $76.98, for a total transaction of $2,490,764.88.
  • On Wednesday, May 27th, Mauad Bruno Sousa sold 9,652 shares of Aura Minerals stock. The shares were sold at an average price of $75.62, for a total transaction of $729,884.24.

Aura Minerals Price Performance

Shares of NASDAQ:AUGO traded up $1.69 during midday trading on Thursday, hitting $86.69. The stock had a trading volume of 1,810,036 shares, compared to its average volume of 989,584. The company’s 50-day moving average price is $62.80 and its 200-day moving average price is $73.21. Aura Minerals Inc. has a fifty-two week low of $26.98 and a fifty-two week high of $110.32. The company has a quick ratio of 0.82, a current ratio of 1.06 and a debt-to-equity ratio of 0.82. The company has a market capitalization of $7.26 billion and a P/E ratio of 24.49.

Aura Minerals (NASDAQ:AUGOGet Free Report) last posted its quarterly earnings results on Tuesday, June 30th. The company reported $2.57 earnings per share (EPS) for the quarter. Aura Minerals had a net margin of 23.18% and a return on equity of 103.62%. The business had revenue of $335.97 million for the quarter. As a group, equities research analysts predict that Aura Minerals Inc. will post 5.55 EPS for the current fiscal year.

Aura Minerals Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 28th. Stockholders of record on Tuesday, August 18th will be paid a $0.72 dividend. The ex-dividend date is Tuesday, August 18th. This represents a $2.88 annualized dividend and a dividend yield of 3.3%. Aura Minerals’s dividend payout ratio (DPR) is presently 81.36%.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of AUGO. Banque Cantonale Vaudoise acquired a new stake in shares of Aura Minerals during the 3rd quarter valued at $108,000. Legal & General Group Plc acquired a new position in Aura Minerals in the 3rd quarter worth about $317,000. Van ECK Associates Corp bought a new position in Aura Minerals in the third quarter valued at about $1,476,000. BNP Paribas Financial Markets bought a new position in Aura Minerals in the third quarter valued at about $145,000. Finally, Arrowstreet Capital Limited Partnership acquired a new stake in shares of Aura Minerals during the third quarter valued at about $3,947,000.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the company. Weiss Ratings upgraded Aura Minerals from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, August 7th. Zacks Research cut Aura Minerals from a “hold” rating to a “strong sell” rating in a research report on Tuesday, July 28th. Bank of America lowered their target price on Aura Minerals from $122.00 to $94.00 and set a “buy” rating for the company in a research note on Thursday, July 9th. Wall Street Zen cut shares of Aura Minerals from a “buy” rating to a “hold” rating in a report on Saturday, August 8th. Finally, JPMorgan Chase & Co. reduced their price target on shares of Aura Minerals from $104.50 to $91.00 and set an “overweight” rating on the stock in a research note on Thursday, July 16th. Three 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, the stock has a consensus rating of “Hold” and an average target price of $79.27.

Get Our Latest Analysis on AUGO

About Aura Minerals

(Get Free Report)

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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