Aura Minerals (NASDAQ:AUGO) Director Mauad Bruno Sousa Sells 38,384 Shares

Aura Minerals Inc. (NASDAQ:AUGO) Director Mauad Bruno Sousa sold 38,384 shares of Aura Minerals stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of $83.95, for a total value of $3,222,336.80. Following the completion of the sale, the director owned 576,973 shares in the company, valued at $48,436,883.35. This represents a 6.24% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Aura Minerals Trading Down 5.3%

NASDAQ:AUGO traded down $4.46 on Wednesday, reaching $79.26. The company’s stock had a trading volume of 733,554 shares, compared to its average volume of 765,826. Aura Minerals Inc. has a 12-month low of $18.74 and a 12-month high of $110.32. The company has a quick ratio of 0.75, a current ratio of 0.98 and a debt-to-equity ratio of 1.03. The firm has a market cap of $6.64 billion and a price-to-earnings ratio of 73.39. The stock has a 50 day moving average price of $84.94 and a 200 day moving average price of $64.08.

Aura Minerals (NASDAQ:AUGO) last posted its earnings results on Saturday, February 14th. The company reported ($0.24) EPS for the quarter. Aura Minerals had a net margin of 7.80% and a return on equity of 111.96%. The business had revenue of $321.66 million during the quarter. On average, equities analysts anticipate that Aura Minerals Inc. will post 10.08 EPS for the current fiscal year.

Aura Minerals Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 26th. Stockholders of record on Tuesday, May 19th will be paid a $0.78 dividend. The ex-dividend date of this dividend is Tuesday, May 19th. This is a boost from Aura Minerals’s previous quarterly dividend of $0.66. This represents a $3.12 dividend on an annualized basis and a dividend yield of 3.9%. Aura Minerals’s payout ratio is presently 244.44%.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on AUGO. JPMorgan Chase & Co. began coverage on Aura Minerals in a research note on Wednesday, February 25th. They issued an “overweight” rating and a $105.00 price objective for the company. Zacks Research cut Aura Minerals from a “strong-buy” rating to a “strong sell” rating in a research note on Monday, April 27th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Aura Minerals in a research note on Friday, March 27th. Finally, Wall Street Zen raised Aura Minerals from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. 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, the company currently has an average rating of “Hold” and an average target price of $67.60.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Florida Financial Advisors LLC acquired a new position in Aura Minerals during the 1st quarter worth $2,406,000. Crescent Grove Advisors LLC acquired a new position in shares of Aura Minerals during the 1st quarter worth about $320,000. Jennison Associates LLC acquired a new position in shares of Aura Minerals during the 1st quarter worth about $50,378,000. Sigma Planning Corp acquired a new position in shares of Aura Minerals during the 1st quarter worth about $841,000. Finally, Bleakley Financial Group LLC acquired a new position in shares of Aura Minerals during the 1st quarter worth about $2,100,000.

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.