Aura Minerals (NASDAQ:AUGO) Director Mauad Bruno Sousa Sells 222,652 Shares

Aura Minerals Inc. (NASDAQ:AUGO) Director Mauad Bruno Sousa sold 222,652 shares of the firm’s stock in a transaction dated Friday, August 21st. The stock was sold at an average price of $88.11, for a total value of $19,617,867.72. Following the sale, the director directly owned 71,113 shares of the company’s stock, valued at $6,265,766.43. This trade represents a 75.79% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

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

• On Thursday, August 20th, Mauad Bruno Sousa sold 125,000 shares of Aura Minerals stock. The shares were sold at an average price of $86.00, for a total value of $10,750,000.00.
• On Wednesday, August 19th, Mauad Bruno Sousa sold 280,000 shares of Aura Minerals stock. The stock was sold at an average price of $81.67, for a total value of $22,867,600.00.
• On Monday, August 17th, Mauad Bruno Sousa acquired 11,000 shares of Aura Minerals stock. The shares were acquired at an average cost of $78.93 per share, for a total transaction of $868,230.00.
• On Wednesday, June 3rd, Mauad Bruno Sousa bought 2,800 shares of Aura Minerals stock. The stock was acquired at an average price of $64.95 per share, with a total value of $181,860.00.
• On Friday, May 29th, Mauad Bruno Sousa sold 100,000 shares of Aura Minerals stock. The stock was sold at an average price of $77.48, for a total transaction of $7,748,000.00.
• On Thursday, May 28th, Mauad Bruno Sousa sold 32,356 shares of Aura Minerals stock. The stock was sold at an average price of $76.98, for a total transaction of $2,490,764.88.
• On Wednesday, May 27th, Mauad Bruno Sousa sold 9,652 shares of Aura Minerals stock. The stock was sold at an average price of $75.62, for a total transaction of $729,884.24.

Aura Minerals Price Performance

NASDAQ AUGO opened at $90.47 on Wednesday. Aura Minerals Inc. has a fifty-two week low of $27.77 and a fifty-two week high of $110.32. The stock’s 50-day moving average is $64.84 and its two-hundred day moving average is $73.90. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.06 and a quick ratio of 0.82. The firm has a market cap of $7.58 billion and a P/E ratio of 25.56.

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 company had revenue of $335.97 million during the quarter. Aura Minerals had a return on equity of 103.62% and a net margin of 23.18%. On average, analysts anticipate that Aura Minerals Inc. will post 5.5 earnings per share for the current fiscal year.

Aura Minerals Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 28th. Stockholders of record on Tuesday, August 18th will be paid a $0.72 dividend. This represents a $2.88 dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date is Tuesday, August 18th. Aura Minerals’s payout ratio is presently 81.36%.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on AUGO shares. Wall Street Zen lowered shares of Aura Minerals from a “buy” rating to a “hold” rating in a research note on Saturday, August 8th. Zacks Research cut shares of Aura Minerals from a “hold” rating to a “strong sell” rating in a report on Tuesday, July 28th. Weiss Ratings raised Aura Minerals from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, August 7th. JPMorgan Chase & Co. dropped their price objective 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. Finally, Bank of America cut their price objective on Aura Minerals from $122.00 to $94.00 and set a “buy” rating for the company in a research report on Thursday, July 9th. 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’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $79.27.

Institutional Trading of Aura Minerals

Hedge funds have recently bought and sold shares of the stock. Absolute Gestao de Investimentos Ltda. increased its holdings in shares of 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 worth $3,492,000 after purchasing an additional 51,717 shares during the period. California State Teachers Retirement System acquired a new stake in Aura Minerals during the second quarter worth about $86,494,000. Triumph Capital Management increased its stake in Aura Minerals by 32.4% during the second 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 period. Navellier & Associates Inc. bought a new position in Aura Minerals during the second quarter valued at about $495,000. Finally, Public Employees Retirement System of Ohio acquired a new position in Aura Minerals in the 2nd quarter valued at approximately $961,000.

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.