Aura Minerals (NASDAQ:AUGO) COO Sells $112,000.00 in Stock

Aura Minerals Inc. (NASDAQ:AUGO) COO Luvizotto Glauber Rosa sold 1,400 shares of the firm’s stock in a transaction on Monday, August 17th. The shares were sold at an average price of $80.00, for a total transaction of $112,000.00. Following the transaction, the chief operating officer directly owned 289,228 shares of the company’s stock, valued at $23,138,240. The trade was a 0.48% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Luvizotto Glauber Rosa also recently made the following trade(s):

• On Monday, August 10th, Luvizotto Glauber Rosa sold 50,000 shares of Aura Minerals stock. The stock was sold at an average price of $75.02, for a total transaction of $3,751,000.00.
• On Friday, August 7th, Luvizotto Glauber Rosa sold 50,000 shares of Aura Minerals stock. The shares were sold at an average price of $70.10, for a total value of $3,505,000.00.
• On Thursday, July 2nd, Luvizotto Glauber Rosa sold 19,010 shares of Aura Minerals stock. The stock was sold at an average price of $65.23, for a total value of $1,240,022.30.
• On Friday, June 26th, Luvizotto Glauber Rosa sold 22,367 shares of Aura Minerals stock. The stock was sold at an average price of $65.27, for a total value of $1,459,894.09.
• On Monday, June 22nd, Luvizotto Glauber Rosa sold 6,323 shares of Aura Minerals stock. The stock was sold at an average price of $65.22, for a total value of $412,386.06.

Aura Minerals Trading Up 2.0%

NASDAQ AUGO opened at $86.69 on Friday. The business’s 50-day moving average price is $63.40 and its two-hundred day moving average price is $73.37. Aura Minerals Inc. has a 12 month low of $26.98 and a 12 month high of $110.32. The firm has a market capitalization of $7.26 billion and a PE 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.

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

Aura Minerals Cuts Dividend

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

Institutional Investors Weigh In On Aura Minerals

Several hedge funds and other institutional investors have recently made changes to their positions in AUGO. Banque Cantonale Vaudoise bought a new position in Aura Minerals in the 3rd quarter valued at about $108,000. Legal & General Group Plc bought a new stake in Aura Minerals during the 3rd quarter worth approximately $317,000. Van ECK Associates Corp bought a new stake in Aura Minerals during the 3rd quarter worth approximately $1,476,000. BNP Paribas Financial Markets purchased a new stake in shares of Aura Minerals in the third quarter worth approximately $145,000. Finally, Arrowstreet Capital Limited Partnership purchased a new stake in shares of Aura Minerals in the third quarter worth approximately $3,947,000.

Wall Street Analyst Weigh In

Several analysts have recently commented on AUGO shares. JPMorgan Chase & Co. reduced their target price on Aura Minerals from $104.50 to $91.00 and set an “overweight” rating for the company in a research note on Thursday, July 16th. Wall Street Zen downgraded Aura Minerals from a “buy” rating to a “hold” rating in a research note on Saturday, August 8th. Weiss Ratings upgraded Aura Minerals from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, August 7th. Zacks Research cut Aura Minerals from a “hold” rating to a “strong sell” rating in a research note on Tuesday, July 28th. Finally, Bank of America decreased their price objective on Aura Minerals from $122.00 to $94.00 and set a “buy” rating for the company in a report on Thursday, July 9th. Three equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $79.27.

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.