Aura Minerals (NASDAQ:AUGO) Director Mauad Bruno Sousa Sells 166,000 Shares

Aura Minerals Inc. (NASDAQ:AUGO) Director Mauad Sousa sold 166,000 shares of the firm’s stock in a transaction dated Tuesday, September 22nd. The shares were sold at an average price of $90.65, for a total transaction of $15,047,900.00. Following the transaction, the director directly owned 1,041 shares in the company, valued at $94,366.65. This trade represents a 99.38% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

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

• On Thursday, September 17th, Mauad Sousa sold 73,925 shares of Aura Minerals stock. The stock was sold at an average price of $92.40, for a total transaction of $6,830,670.00.
• On Friday, September 11th, Mauad Sousa sold 54,991 shares of Aura Minerals stock. The shares were sold at an average price of $87.40, for a total transaction of $4,806,213.40.
• On Wednesday, September 9th, Mauad Sousa sold 53,627 shares of Aura Minerals stock. The stock was sold at an average price of $86.61, for a total transaction of $4,644,634.47.
• On Tuesday, September 1st, Mauad Sousa bought 1 shares of Aura Minerals stock. The shares were bought at an average price of $81.10 per share, with a total value of $81.10.
• On Monday, August 31st, Mauad Sousa sold 127,500 shares of Aura Minerals stock. The shares were sold at an average price of $81.20, for a total value of $10,353,000.00.
• On Monday, August 31st, Mauad Sousa purchased 10 shares of Aura Minerals stock. The stock was bought at an average price of $79.89 per share, for a total transaction of $798.90.
• On Friday, August 28th, Mauad Sousa sold 157,500 shares of Aura Minerals stock. The shares were sold at an average price of $86.73, for a total transaction of $13,659,975.00.
• On Friday, August 28th, Mauad Sousa purchased 252,000 shares of Aura Minerals stock. The stock was purchased at an average price of $86.48 per share, for a total transaction of $21,792,960.00.
• On Monday, August 24th, Mauad Sousa sold 120,757 shares of Aura Minerals stock. The stock was sold at an average price of $88.45, for a total transaction of $10,680,956.65.
• On Friday, August 21st, Mauad Sousa sold 222,652 shares of Aura Minerals stock. The stock was sold at an average price of $88.11, for a total transaction of $19,617,867.72.

Aura Minerals Stock Down 8.0%

NASDAQ:AUGO traded down $7.43 during midday trading on Wednesday, reaching $85.34. 1,419,949 shares of the stock traded hands, compared to its average volume of 1,001,866. The stock has a market capitalization of $7.15 billion, a PE ratio of 24.11 and a beta of 0.28. Aura Minerals Inc. has a 12-month low of $29.11 and a 12-month high of $110.32. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.82 and a current ratio of 1.06. The business has a 50-day moving average of $74.48 and a two-hundred day moving average of $75.36.

Aura Minerals (NASDAQ:AUGO) last released its quarterly earnings results on Tuesday, June 30th. The company reported $2.57 earnings per share (EPS) for the quarter. The business had revenue of $335.97 million for the quarter. Aura Minerals had a net margin of 23.18% and a return on equity of 103.62%. On average, equities analysts forecast that Aura Minerals Inc. will post 5.45 earnings per share for the current fiscal year.

Aura Minerals Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, August 28th. Investors of record on Tuesday, August 18th were given a dividend of $0.72 per share. This represents a $2.88 annualized dividend and a yield of 3.4%. The ex-dividend date of this dividend was Tuesday, August 18th. Aura Minerals’s dividend payout ratio is currently 81.36%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on AUGO. JPMorgan Chase & Co. dropped their price target on Aura Minerals from $104.50 to $91.00 and set an “overweight” rating on the stock in a research note on Thursday, July 16th. Weiss Ratings raised shares of Aura Minerals from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, August 7th. Santander cut shares of Aura Minerals from an “outperform” rating to a “neutral” rating in a research note on Monday, August 31st. Wall Street Zen lowered shares of Aura Minerals from a “buy” rating to a “hold” rating in a research note on Sunday, September 6th. Finally, Zacks Research raised shares of Aura Minerals from a “strong sell” rating to a “hold” rating in a report on Monday, September 7th. Four equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $86.95.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the company. Andra AP fonden acquired a new stake in shares of Aura Minerals during the second quarter worth about $10,550,000. Tidal Investments LLC raised its position in Aura Minerals by 56.7% during the 2nd quarter. Tidal Investments LLC now owns 13,305 shares of the company’s stock worth $838,000 after buying an additional 4,816 shares during the last quarter. Corient Private Wealth LP purchased a new position in Aura Minerals during the 2nd quarter worth approximately $446,000. Absolute Gestao de Investimentos Ltda. lifted its stake in Aura Minerals by 1,379.1% during the 2nd quarter. Absolute Gestao de Investimentos Ltda. now owns 55,467 shares of the company’s stock valued at $3,492,000 after acquiring an additional 51,717 shares during the period. Finally, Triumph Capital Management boosted its holdings in shares of Aura Minerals by 32.4% in 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 during the last quarter.

About Aura Minerals

Aura Minerals Inc is a mining company focused on the exploration, development, and production of precious and base metals. Its operations primarily produce gold, with copper and silver recovered as additional products from certain deposits. The company sells its output in the form of gold doré and metal concentrates.

Aura’s operating portfolio includes the Almas and Apoena gold operations in Brazil, the Aranzazu copper-gold-silver mine in Mexico, and the San Andrés gold mine in Honduras.