Aura Minerals Inc. (NASDAQ:AUGO) Announces Quarterly Dividend of $0.72

Aura Minerals Inc. (NASDAQ:AUGO) announced a quarterly dividend on Wednesday, August 5th. Investors of record on Tuesday, August 18th will be given a dividend of 0.72 per share on Tuesday, September 8th. This represents a c) dividend on an annualized basis and a yield of 4.4%. The ex-dividend date of this dividend is Tuesday, August 18th.

Aura Minerals Stock Performance

Shares of AUGO traded down $0.03 during trading hours on Thursday, hitting $65.73. The stock had a trading volume of 438,568 shares, compared to its average volume of 987,536. Aura Minerals has a fifty-two week low of $24.70 and a fifty-two week high of $110.32. 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 firm has a 50-day moving average price of $60.68 and a 200 day moving average price of $72.59. The firm has a market capitalization of $5.51 billion and a price-to-earnings ratio of 61.05.

Aura Minerals (NASDAQ:AUGO) last released its quarterly earnings results on Tuesday, June 30th. The company reported $2.57 earnings per share for the quarter. Aura Minerals had a net margin of 7.80% and a return on equity of 111.96%. The firm had revenue of $335.97 million during the quarter. As a group, research analysts anticipate that Aura Minerals will post 5.55 EPS for the current year.

Insiders Place Their Bets

In other Aura Minerals news, COO Luvizotto Glauber Rosa sold 22,367 shares of the firm’s stock in a transaction on Friday, June 26th. The stock was sold at an average price of $65.27, for a total transaction of $1,459,894.09. Following the completion of the sale, the chief operating officer owned 411,938 shares of the company’s stock, valued at $26,887,193.26. This trade represents a 5.15% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mauad Bruno Sousa sold 100,000 shares of Aura Minerals stock in a transaction on Friday, May 29th. The shares were sold at an average price of $77.48, for a total value of $7,748,000.00. Following the completion of the sale, the director owned 434,965 shares in the company, valued at $33,701,088.20. This represents a 18.69% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 403,092 shares of company stock valued at $30,450,738.

Institutional Trading of Aura Minerals

Hedge funds and other institutional investors have recently modified their holdings of the business. Bank of America Corp DE raised its holdings in Aura Minerals by 42.5% in the 1st quarter. Bank of America Corp DE now owns 977,212 shares of the company’s stock valued at $79,740,000 after buying an additional 291,623 shares during the period. SPX Gestao de Recursos Ltda increased its position in shares of Aura Minerals by 8.8% during the fourth quarter. SPX Gestao de Recursos Ltda now owns 877,211 shares of the company’s stock valued at $44,225,000 after acquiring an additional 71,289 shares during the last quarter. Marshall Wace LLP raised its stake in shares of Aura Minerals by 32.7% in the 4th quarter. Marshall Wace LLP now owns 623,662 shares of the company’s stock valued at $31,439,000 after acquiring an additional 153,828 shares during the period. Jennison Associates LLC acquired a new position in shares of Aura Minerals in the 1st quarter worth approximately $50,378,000. Finally, William Blair Investment Management LLC lifted its holdings in shares of Aura Minerals by 9.3% in the 4th quarter. William Blair Investment Management LLC now owns 496,303 shares of the company’s stock worth $25,021,000 after acquiring an additional 42,091 shares during the last quarter.

About Aura Minerals

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.