Mauad Bruno Sousa Buys 2,800 Shares of Aura Minerals (NASDAQ:AUGO) Stock

Aura Minerals Inc. (NASDAQ:AUGO) Director Mauad Bruno Sousa purchased 2,800 shares of the stock in a transaction on Wednesday, June 3rd. The shares were acquired at an average cost of $64.95 per share, with a total value of $181,860.00. Following the transaction, the director directly owned 437,765 shares in the company, valued at $28,432,836.75. The trade was a 0.64% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through the SEC website.

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

• 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 shares were sold at an average price of $75.62, for a total value of $729,884.24.
• On Tuesday, May 12th, Mauad Bruno Sousa sold 38,384 shares of Aura Minerals stock. The shares were sold at an average price of $83.95, for a total value of $3,222,336.80.

Aura Minerals Trading Down 9.7%

AUGO opened at $60.40 on Friday. The business has a 50 day simple moving average of $83.72 and a two-hundred day simple moving average of $68.53. The firm has a market capitalization of $5.06 billion and a price-to-earnings ratio of 55.93. The company has a debt-to-equity ratio of 1.03, a current ratio of 0.98 and a quick ratio of 0.75. Aura Minerals Inc. has a one year low of $22.24 and a one year high of $110.32.

Aura Minerals (NASDAQ:AUGO) last released its quarterly earnings results on Wednesday, May 20th. The company reported $999.00 EPS for the quarter. Aura Minerals had a return on equity of 111.96% and a net margin of 7.80%. Analysts predict that Aura Minerals Inc. will post 10.08 EPS for the current year.

Aura Minerals Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, May 26th. Shareholders of record on Tuesday, May 19th were given a dividend of $0.78 per share. This represents a $3.12 dividend on an annualized basis and a yield of 5.2%. The ex-dividend date of this dividend was Tuesday, May 19th. This is a positive change from Aura Minerals’s previous quarterly dividend of $0.66. Aura Minerals’s dividend payout ratio is currently 288.89%.

Analyst Ratings Changes

A number of research analysts have commented on AUGO shares. Zacks Research lowered Aura Minerals from a “strong-buy” rating to a “strong sell” rating in a research report on Monday, April 27th. Weiss Ratings raised Aura Minerals from a “hold (c)” rating to a “buy (b-)” rating in a research report on Thursday, May 21st. Wall Street Zen raised Aura Minerals from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. Finally, JPMorgan Chase & Co. began coverage on Aura Minerals in a research report on Wednesday, February 25th. They issued an “overweight” rating and a $105.00 target price for the company. Four investment analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $67.60.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Triumph Capital Management bought a new position in shares of Aura Minerals in the 4th quarter worth approximately $25,000. Global Retirement Partners LLC purchased a new stake in shares of Aura Minerals in the 4th quarter worth approximately $34,000. Quarry LP purchased a new stake in shares of Aura Minerals in the 3rd quarter worth approximately $37,000. Hollencrest Capital Management grew its stake in shares of Aura Minerals by 307.7% in the 4th quarter. Hollencrest Capital Management now owns 795 shares of the company’s stock worth $40,000 after buying an additional 600 shares during the last quarter. Finally, Shell Asset Management Co. purchased a new stake in shares of Aura Minerals in the 3rd quarter worth approximately $43,000.

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.