23,133 Shares in Aura Minerals Inc. $AUGO Bought by Channing Global Advisors LLC

Channing Global Advisors LLC bought a new position in Aura Minerals Inc. (NASDAQ:AUGO) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 23,133 shares of the company’s stock, valued at approximately $1,166,000. Aura Minerals accounts for approximately 0.7% of Channing Global Advisors LLC’s holdings, making the stock its 26th biggest position.

Other large investors have also made changes to their positions in the company. Global Retirement Partners LLC purchased a new position in shares of Aura Minerals in the 4th quarter worth $34,000. Quarry LP purchased a new position in Aura Minerals in the third quarter valued at about $37,000. Shell Asset Management Co. purchased a new position in Aura Minerals in the third quarter valued at about $43,000. Banque Cantonale Vaudoise purchased a new position in Aura Minerals in the third quarter valued at about $108,000. Finally, BNP Paribas Financial Markets purchased a new position in Aura Minerals in the third quarter valued at about $145,000.

Analysts Set New Price Targets

Several research analysts have commented on the company. JPMorgan Chase & Co. assumed coverage on Aura Minerals in a research report on Wednesday, February 25th. They issued an “overweight” rating and a $105.00 price objective on the stock. Zacks Research lowered Aura Minerals from a “strong-buy” rating to a “strong sell” rating in a research report on Monday, April 27th. Weiss Ratings raised Aura Minerals from a “hold (c)” rating to a “buy (b-)” rating in a research report on Thursday, May 21st. Finally, Wall Street Zen raised Aura Minerals from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. Four analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $67.60.

Insider Transactions at Aura Minerals

In related news, CEO Rodrigo Cardoso Barbosa sold 60,000 shares of Aura Minerals stock in a transaction dated Monday, May 11th. The stock was sold at an average price of $81.43, for a total value of $4,885,800.00. Following the completion of the transaction, the chief executive officer directly owned 794,745 shares in the company, valued at approximately $64,716,085.35. This trade represents a 7.02% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Mauad Bruno Sousa sold 100,000 shares of Aura Minerals stock in a transaction dated Friday, May 29th. The stock was sold at an average price of $77.48, for a total value of $7,748,000.00. Following the completion of the transaction, the director owned 434,965 shares of the company’s stock, valued at $33,701,088.20. This trade represents a 18.69% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 310,392 shares of company stock valued at $24,588,386 over the last quarter.

Aura Minerals Stock Down 6.4%

Shares of NASDAQ AUGO opened at $72.30 on Tuesday. Aura Minerals Inc. has a 1 year low of $22.24 and a 1 year high of $110.32. The firm has a market cap of $6.06 billion and a price-to-earnings ratio of 66.95. The company has a debt-to-equity ratio of 1.03, a quick ratio of 0.75 and a current ratio of 0.98. The stock’s 50-day simple moving average is $83.81 and its 200-day simple moving average is $67.94.

Aura Minerals (NASDAQ:AUGO) last announced its earnings results on Wednesday, May 20th. The company reported $999.00 earnings per share (EPS) for the quarter. Aura Minerals had a return on equity of 111.96% and a net margin of 7.80%. As a group, equities analysts anticipate 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. Investors of record on Tuesday, May 19th were paid a $0.78 dividend. This represents a $3.12 dividend on an annualized basis and a yield of 4.3%. This is a positive change from Aura Minerals’s previous quarterly dividend of $0.66. The ex-dividend date was Tuesday, May 19th. Aura Minerals’s payout ratio is 288.89%.

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.