Aura Minerals Inc. (AUGO) to Distribute Quarterly Dividend of $0.72 on August 28th

Aura Minerals Inc. (NASDAQ:AUGO) announced a quarterly dividend on Wednesday, August 5th. Shareholders of record on Tuesday, August 18th will be given a dividend of 0.72 per share on Friday, August 28th. This represents a c) annualized dividend and a yield of 3.8%. The ex-dividend date of this dividend is Tuesday, August 18th.

Aura Minerals Stock Up 1.6%

Shares of NASDAQ:AUGO opened at $76.02 on Friday. The stock has a market capitalization of $6.37 billion and a P/E ratio of 21.47. The stock’s 50-day moving average price is $61.39 and its 200-day moving average price is $73.01. 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 has a 12-month low of $26.63 and a 12-month high of $110.32.

Aura Minerals (NASDAQ:AUGO) last released its earnings results on Tuesday, June 30th. The company reported $2.57 earnings per share 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, equities analysts anticipate that Aura Minerals will post 5.55 earnings per share for the current year.

Insiders Place Their Bets

In other Aura Minerals news, COO Luvizotto Glauber Rosa sold 50,000 shares of the stock in a transaction that occurred on Monday, August 10th. The stock was sold at an average price of $75.02, for a total value of $3,751,000.00. Following the completion of the sale, the chief operating officer owned 290,628 shares in the company, valued at approximately $21,802,912.56. This trade represents a 14.68% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Santos Cardoso Joao Kleber Dos sold 10,000 shares of Aura Minerals stock in a transaction that occurred on Friday, August 7th. The stock was sold at an average price of $70.03, for a total value of $700,300.00. Following the completion of the sale, the chief financial officer owned 108,111 shares in the company, valued at approximately $7,571,013.33. This represents a 8.47% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 359,708 shares of company stock worth $25,754,252.

Institutional Trading of Aura Minerals

Several large investors have recently added to or reduced their stakes in AUGO. Bank of America Corp DE lifted its position in Aura Minerals by 42.5% during the 1st quarter. Bank of America Corp DE now owns 977,212 shares of the company’s stock valued at $79,740,000 after acquiring an additional 291,623 shares during the period. Robeco Schweiz AG bought a new stake in Aura Minerals during the fourth quarter worth about $13,108,000. Sagil Capital LLP purchased a new stake in Aura Minerals in the fourth quarter worth about $7,864,000. Hussman Strategic Advisors Inc. purchased a new stake in Aura Minerals in the fourth quarter worth about $1,286,000. Finally, Bleakley Financial Group LLC bought a new position in shares of Aura Minerals during the first quarter valued at approximately $2,100,000.

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.