Mauad Bruno Sousa Sells 222,652 Shares of Aura Minerals (NASDAQ:AUGO) Stock

Aura Minerals Inc. (NASDAQ:AUGOGet Free Report) Director Mauad Bruno Sousa sold 222,652 shares of the company’s stock in a transaction on Friday, August 21st. The stock was sold at an average price of $88.11, for a total value of $19,617,867.72. Following the transaction, the director owned 71,113 shares in the company, valued at $6,265,766.43. This trade represents a 75.79% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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

  • On Monday, August 24th, Mauad Bruno Sousa sold 120,757 shares of Aura Minerals stock. The stock was sold at an average price of $88.45, for a total value of $10,680,956.65.
  • On Thursday, August 20th, Mauad Bruno Sousa sold 125,000 shares of Aura Minerals stock. The shares were sold at an average price of $86.00, for a total value of $10,750,000.00.
  • On Wednesday, August 19th, Mauad Bruno Sousa sold 280,000 shares of Aura Minerals stock. The shares were sold at an average price of $81.67, for a total value of $22,867,600.00.
  • On Monday, August 17th, Mauad Bruno Sousa bought 11,000 shares of Aura Minerals stock. The shares were purchased at an average cost of $78.93 per share, for a total transaction of $868,230.00.
  • On Wednesday, June 3rd, Mauad Bruno Sousa bought 2,800 shares of Aura Minerals stock. The shares were purchased at an average price 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 shares were sold at an average price of $77.48, for a total value 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 value of $2,490,764.88.
  • On Wednesday, May 27th, Mauad Bruno Sousa sold 9,652 shares of Aura Minerals stock. The stock was sold at an average price of $75.62, for a total transaction of $729,884.24.

Aura Minerals Stock Down 1.3%

Shares of AUGO opened at $89.30 on Thursday. The company’s 50-day simple moving average is $65.30 and its 200-day simple moving average is $74.09. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.82 and a current ratio of 1.06. Aura Minerals Inc. has a 1 year low of $28.22 and a 1 year high of $110.32. The stock has a market capitalization of $7.48 billion and a PE ratio of 25.23.

Aura Minerals (NASDAQ:AUGOGet Free Report) last announced its quarterly earnings data on Tuesday, June 30th. The company reported $2.57 earnings per share for the quarter. Aura Minerals had a net margin of 23.18% and a return on equity of 103.62%. The firm had revenue of $335.97 million during the quarter. Analysts forecast that Aura Minerals Inc. will post 5.5 earnings per share 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. Shareholders 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 3.2%. Aura Minerals’s payout ratio is 81.36%.

Institutional Investors Weigh In On Aura Minerals

Several institutional investors have recently modified their holdings of AUGO. Triumph Capital Management purchased a new position in Aura Minerals in the fourth quarter valued at $25,000. Global Retirement Partners LLC acquired a new position in shares of Aura Minerals during the 4th quarter worth about $34,000. Quarry LP acquired a new position in shares of Aura Minerals during the 3rd quarter worth about $37,000. Hollencrest Capital Management increased its holdings in shares of Aura Minerals by 307.7% in 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 during the last quarter. Finally, Banque Cantonale Vaudoise purchased a new position in shares of Aura Minerals in the 3rd quarter valued at about $108,000.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the company. JPMorgan Chase & Co. reduced their price objective on Aura Minerals from $104.50 to $91.00 and set an “overweight” rating on the stock in a research note on Thursday, July 16th. Weiss Ratings upgraded Aura Minerals from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, August 7th. Zacks Research downgraded Aura Minerals from a “hold” rating to a “strong sell” rating in a report on Tuesday, July 28th. Wall Street Zen lowered Aura Minerals from a “buy” rating to a “hold” rating in a research report on Saturday, August 8th. Finally, Bank of America decreased their price objective 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. Three investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Aura Minerals has an average rating of “Hold” and a consensus price target of $79.27.

View Our Latest Stock Report 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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