Aura Minerals (NASDAQ:AUGO) Director Sells $3,222,336.80 in Stock

Aura Minerals Inc. (NASDAQ:AUGO) Director Mauad Bruno Sousa sold 38,384 shares of the business’s stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $83.95, for a total value of $3,222,336.80. Following the transaction, the director owned 576,973 shares in the company, valued at approximately $48,436,883.35. This represents a 6.24% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Aura Minerals Trading Down 4.5%

NASDAQ:AUGO opened at $76.42 on Friday. The company has a debt-to-equity ratio of 1.03, a quick ratio of 0.75 and a current ratio of 0.98. Aura Minerals Inc. has a one year low of $19.25 and a one year high of $110.32. The business’s 50-day simple moving average is $84.66 and its 200 day simple moving average is $64.49. The stock has a market cap of $6.40 billion and a price-to-earnings ratio of 70.76.

Aura Minerals (NASDAQ:AUGO) last released its quarterly earnings results on Saturday, February 14th. The company reported ($0.24) EPS for the quarter. Aura Minerals had a return on equity of 111.96% and a net margin of 7.80%.The business had revenue of $321.66 million during the quarter. As a group, sell-side analysts predict that Aura Minerals Inc. will post 10.08 earnings per share for the current fiscal year.

Aura Minerals Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, May 26th. Investors of record on Tuesday, May 19th will be paid a $0.78 dividend. This represents a $3.12 annualized dividend and a dividend yield of 4.1%. This is a positive change from Aura Minerals’s previous quarterly dividend of $0.66. The ex-dividend date is Tuesday, May 19th. Aura Minerals’s payout ratio is presently 244.44%.

Institutional Trading of Aura Minerals

Several large investors have recently added to or reduced their stakes in AUGO. Capital World Investors acquired a new position in shares of Aura Minerals in the third quarter worth $60,284,000. SPX Gestao de Recursos Ltda bought a new stake in Aura Minerals in the third quarter worth $29,988,000. JPMorgan Chase & Co. bought a new stake in Aura Minerals in the third quarter worth $27,097,000. Jennison Associates LLC bought a new stake in Aura Minerals during the first quarter valued at about $50,378,000. Finally, Bank of America Corp DE bought a new stake in Aura Minerals during the third quarter valued at about $17,623,000.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on AUGO. Zacks Research lowered Aura Minerals from a “strong-buy” rating to a “strong sell” rating in a report on Monday, April 27th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Aura Minerals in a report on Friday, March 27th. Wall Street Zen upgraded Aura Minerals from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. Finally, JPMorgan Chase & Co. initiated 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. Three research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Aura Minerals presently has an average rating of “Hold” and a consensus target price 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.