Aura Minerals (NASDAQ:AUGO) Director Buys $868,230.00 in Stock

Aura Minerals Inc. (NASDAQ:AUGO) Director Mauad Bruno Sousa purchased 11,000 shares of the business’s stock in a transaction that occurred on Monday, August 17th. The stock was acquired at an average price of $78.93 per share, for a total transaction of $868,230.00. Following the acquisition, the director directly owned 448,765 shares of the company’s stock, valued at $35,421,021.45. This trade represents a 2.51% increase in their position. The purchase was disclosed in a document filed with the SEC, which is available through this link.

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

• On Wednesday, August 19th, Mauad Bruno Sousa sold 280,000 shares of Aura Minerals stock. The stock was sold at an average price of $81.67, for a total transaction of $22,867,600.00.
• On Wednesday, June 3rd, Mauad Bruno Sousa acquired 2,800 shares of Aura Minerals stock. The stock was acquired at an average cost of $64.95 per share, with a total value of $181,860.00.
• 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 transaction 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 transaction of $2,490,764.88.
• On Wednesday, May 27th, Mauad Bruno Sousa sold 9,652 shares of Aura Minerals stock. The stock was sold at an average price of $75.62, for a total transaction of $729,884.24.

Aura Minerals Stock Up 2.0%

Shares of Aura Minerals stock opened at $86.69 on Friday. Aura Minerals Inc. has a twelve month low of $26.98 and a twelve month high of $110.32. The stock has a market cap of $7.26 billion and a price-to-earnings ratio of 24.49. The company has a current ratio of 1.06, a quick ratio of 0.82 and a debt-to-equity ratio of 0.82. The company has a fifty day moving average price of $63.40 and a 200 day moving average price of $73.37.

Aura Minerals (NASDAQ:AUGO) last released its quarterly earnings data on Tuesday, June 30th. The company reported $2.57 EPS for the quarter. The company had revenue of $335.97 million for the quarter. Aura Minerals had a return on equity of 103.62% and a net margin of 23.18%. Equities research analysts forecast that Aura Minerals Inc. will post 5.55 earnings per share for the current fiscal year.

Aura Minerals Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, August 28th. Investors of record on Tuesday, August 18th will be issued a dividend of $0.72 per share. This represents a $2.88 annualized dividend and a dividend yield of 3.3%. The ex-dividend date is Tuesday, August 18th. Aura Minerals’s dividend payout ratio (DPR) is presently 81.36%.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the company. JPMorgan Chase & Co. decreased their price target on Aura Minerals from $104.50 to $91.00 and set an “overweight” rating for the company in a report on Thursday, July 16th. Bank of America dropped their price objective on shares of Aura Minerals from $122.00 to $94.00 and set a “buy” rating on the stock in a research note on Thursday, July 9th. Wall Street Zen downgraded shares of Aura Minerals from a “buy” rating to a “hold” rating in a research note on Saturday, August 8th. Weiss Ratings raised shares of Aura Minerals from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, August 7th. Finally, Zacks Research downgraded shares of Aura Minerals from a “hold” rating to a “strong sell” rating in a research note on Tuesday, July 28th. 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 stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $79.27.

Hedge Funds Weigh In On Aura Minerals

A number of hedge funds have recently bought and sold shares of the company. Triumph Capital Management raised its position in shares of Aura Minerals by 32.4% during the 2nd quarter. Triumph Capital Management now owns 596 shares of the company’s stock valued at $38,000 after acquiring an additional 146 shares in the last quarter. Hollencrest Capital Management boosted its holdings in Aura Minerals by 307.7% in the fourth quarter. Hollencrest Capital Management now owns 795 shares of the company’s stock worth $40,000 after purchasing an additional 600 shares during the period. Global Retirement Partners LLC bought a new stake in Aura Minerals during the fourth quarter valued at $34,000. Virtus Advisers LLC increased its stake in Aura Minerals by 46.4% during the fourth quarter. Virtus Advisers LLC now owns 2,635 shares of the company’s stock valued at $133,000 after purchasing an additional 835 shares during the last quarter. Finally, Quarry LP acquired a new stake in shares of Aura Minerals during the third quarter worth $37,000.

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.