Insider Selling: Aura Minerals (NASDAQ:AUGO) CEO Sells $308,750.00 in Stock

Aura Minerals Inc. (NASDAQ:AUGO) CEO Rodrigo Cardoso Barbosa sold 5,000 shares of the stock in a transaction dated Friday, March 20th. The shares were sold at an average price of $61.75, for a total transaction of $308,750.00. Following the completion of the sale, the chief executive officer owned 854,745 shares of the company’s stock, valued at approximately $52,780,503.75. This represents a 0.58% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Rodrigo Cardoso Barbosa also recently made the following trade(s):

• On Thursday, March 19th, Rodrigo Cardoso Barbosa sold 10,000 shares of Aura Minerals stock. The stock was sold at an average price of $65.82, for a total transaction of $658,200.00.

Aura Minerals Trading Up 7.6%

Shares of AUGO stock opened at $71.49 on Thursday. The company has a debt-to-equity ratio of 1.17, a quick ratio of 0.75 and a current ratio of 0.97. The company has a market capitalization of $5.97 billion and a price-to-earnings ratio of -68.09. Aura Minerals Inc. has a 52-week low of $15.00 and a 52-week high of $90.19. The company has a 50-day simple moving average of $72.69 and a two-hundred day simple moving average of $51.31.

Aura Minerals Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 18th. Stockholders of record on Wednesday, March 11th were issued a $0.66 dividend. The ex-dividend date of this dividend was Wednesday, March 11th. This represents a $2.64 annualized dividend and a dividend yield of 3.7%. Aura Minerals’s dividend payout ratio is currently -251.43%.

Hedge Funds Weigh In On Aura Minerals

Several institutional investors and hedge funds have recently bought and sold shares of AUGO. Capital World Investors purchased a new stake in Aura Minerals in the third quarter worth $60,284,000. SPX Gestao de Recursos Ltda purchased a new position in shares of Aura Minerals during the 3rd quarter valued at $29,988,000. JPMorgan Chase & Co. bought a new position in shares of Aura Minerals during the 3rd quarter worth $27,097,000. Bank of America Corp DE bought a new position in shares of Aura Minerals during the 3rd quarter worth $17,623,000. Finally, Marshall Wace LLP purchased a new stake in Aura Minerals in the 3rd quarter worth about $17,483,000.

Wall Street Analyst Weigh In

A number of analysts recently commented on the company. Wall Street Zen lowered Aura Minerals from a “strong-buy” rating to a “buy” rating in a report on Sunday, February 22nd. The Goldman Sachs Group raised their target price on Aura Minerals from $46.60 to $52.80 and gave the company a “buy” rating in a research report on Wednesday, December 3rd. JPMorgan Chase & Co. began coverage on Aura Minerals in a research note on Wednesday, February 25th. They set an “overweight” rating and a $105.00 target price on the stock. Zacks Research raised shares of Aura Minerals from a “hold” rating to a “strong-buy” rating in a report on Monday, March 2nd. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Aura Minerals in a research report on Monday, December 29th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Buy” and an average price target of $67.60.

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.