Aura Minerals (NASDAQ:AUGO) COO Luvizotto Glauber Rosa Sells 6,323 Shares of Stock

Aura Minerals Inc. (NASDAQ:AUGO) COO Luvizotto Glauber Rosa sold 6,323 shares of Aura Minerals stock in a transaction dated Monday, June 22nd. The shares were sold at an average price of $65.22, for a total value of $412,386.06. Following the completion of the transaction, the chief operating officer directly owned 434,305 shares of the company’s stock, valued at $28,325,372.10. This represents a 1.43% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Aura Minerals Price Performance

NASDAQ AUGO traded down $3.61 on Wednesday, hitting $57.89. 1,385,957 shares of the company were exchanged, compared to its average volume of 982,245. Aura Minerals Inc. has a 1-year low of $22.24 and a 1-year high of $110.32. The firm has a 50 day moving average of $78.00 and a two-hundred day moving average of $70.76. 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 cap of $4.85 billion and a P/E ratio of 53.60.

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

Aura Minerals Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, May 26th. Investors of record on Tuesday, May 19th were issued a $0.78 dividend. This is an increase 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 5.4%. The ex-dividend date of this dividend was Tuesday, May 19th. Aura Minerals’s dividend payout ratio (DPR) is 288.89%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Triumph Capital Management bought a new position in Aura Minerals during the 4th quarter worth approximately $25,000. Global Retirement Partners LLC bought a new stake in Aura Minerals in the fourth quarter valued at approximately $34,000. Quarry LP acquired a new stake in Aura Minerals in the third quarter worth $37,000. Hollencrest Capital Management boosted its position in shares of Aura Minerals by 307.7% during the fourth quarter. Hollencrest Capital Management now owns 795 shares of the company’s stock worth $40,000 after purchasing an additional 600 shares in the last quarter. Finally, Banque Cantonale Vaudoise bought a new position in shares of Aura Minerals during the third quarter worth $108,000.

Analysts Set New Price Targets

Several research firms have issued reports on AUGO. Wall Street Zen raised Aura Minerals from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. Weiss Ratings cut Aura Minerals from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, June 5th. JPMorgan Chase & Co. started coverage on Aura Minerals in a research report on Wednesday, February 25th. They set an “overweight” rating and a $105.00 target price for the company. Finally, Zacks Research lowered Aura Minerals from a “strong-buy” rating to a “strong sell” rating in a research note on Monday, April 27th. Three research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $67.60.

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.