Aura Minerals (NASDAQ:AUGO) Director Mauad Bruno Sousa Sells 38,384 Shares of Stock

Aura Minerals Inc. (NASDAQ:AUGOGet 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:AUGOGet 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

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, May 26th. Stockholders of record on Tuesday, May 19th will be issued a dividend of $0.78 per share. This is a positive change from Aura Minerals’s previous quarterly dividend of $0.66. This represents a $3.12 dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date is Tuesday, May 19th. Aura Minerals’s dividend payout ratio is presently 244.44%.

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

(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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