Aura Minerals (NASDAQ:AUGO) COO Sells $1,459,894.09 in Stock

Aura Minerals Inc. (NASDAQ:AUGO) COO Luvizotto Glauber Rosa sold 22,367 shares of the stock in a transaction dated Friday, June 26th. The shares were sold at an average price of $65.27, for a total value of $1,459,894.09. Following the sale, the chief operating officer owned 411,938 shares of the company’s stock, valued at $26,887,193.26. This represents a 5.15% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Luvizotto Glauber Rosa also recently made the following trade(s):

• On Monday, June 22nd, Luvizotto Glauber Rosa sold 6,323 shares of Aura Minerals stock. The stock was sold at an average price of $65.22, for a total value of $412,386.06.

Aura Minerals Trading Down 1.1%

AUGO stock traded down $0.68 during midday trading on Tuesday, hitting $62.97. The company had a trading volume of 716,216 shares, compared to its average volume of 1,003,583. The company has a current ratio of 0.98, a quick ratio of 0.75 and a debt-to-equity ratio of 1.03. Aura Minerals Inc. has a 52 week low of $22.24 and a 52 week high of $110.32. The stock’s 50 day moving average price is $74.47 and its 200 day moving average price is $71.32. The stock has a market cap of $5.28 billion and a price-to-earnings ratio of 58.31.

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

Aura Minerals Increases Dividend

The company 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 annualized dividend and a yield of 5.0%. The ex-dividend date of this dividend was Tuesday, May 19th. This is an increase from Aura Minerals’s previous quarterly dividend of $0.66. Aura Minerals’s dividend payout ratio is currently 288.89%.

Hedge Funds Weigh In On Aura Minerals

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Capital World Investors bought a new position in Aura Minerals in the third quarter worth about $60,284,000. SPX Gestao de Recursos Ltda bought a new stake in Aura Minerals during the 3rd quarter valued at approximately $29,988,000. JPMorgan Chase & Co. bought a new stake in Aura Minerals during the 3rd quarter valued at approximately $27,097,000. Jennison Associates LLC purchased a new position in shares of Aura Minerals during the 1st quarter worth approximately $50,378,000. Finally, Bank of America Corp DE purchased a new position in shares of Aura Minerals during the 3rd quarter worth approximately $17,623,000.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on AUGO shares. Weiss Ratings cut shares of Aura Minerals from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, June 5th. Wall Street Zen upgraded shares of Aura Minerals from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. Finally, Zacks Research cut 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 given a Sell rating to the company. Based on data from MarketBeat.com, Aura Minerals has a consensus rating of “Hold” and a consensus 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.