Aura Minerals (NASDAQ:AUGO) COO Luvizotto Glauber Rosa Sells 1,400 Shares

Aura Minerals Inc. (NASDAQ:AUGO) COO Luvizotto Glauber Rosa sold 1,400 shares of the business’s stock in a transaction that occurred 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 completion of the transaction, the chief operating officer owned 289,228 shares of the company’s stock, valued at $23,138,240. The trade was a 0.48% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through 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 shares were sold at an average price of $75.02, for a total value 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 shares were sold at an average price of $65.22, for a total value of $412,386.06.

Aura Minerals Stock Performance

Aura Minerals stock opened at $76.24 on Wednesday. The stock has a market cap of $6.39 billion and a PE ratio of 21.54. The company has a quick ratio of 0.82, a current ratio of 1.06 and a debt-to-equity ratio of 0.82. Aura Minerals Inc. has a 12-month low of $26.63 and a 12-month high of $110.32. The business’s 50-day moving average price is $62.17 and its two-hundred day moving average price is $73.13.

Aura Minerals (NASDAQ:AUGO) last posted its quarterly 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 for the quarter. Aura Minerals had a net margin of 23.18% and a return on equity of 103.62%. As a group, analysts expect that Aura Minerals Inc. will post 5.55 earnings per share for the current fiscal year.

Aura Minerals Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, August 28th. Shareholders of record on Tuesday, August 18th will be given a $0.72 dividend. The ex-dividend date is Tuesday, August 18th. This represents a $2.88 dividend on an annualized basis and a yield of 3.8%. Aura Minerals’s dividend payout ratio (DPR) is currently 88.14%.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on AUGO. JPMorgan Chase & Co. lowered their price target on shares of Aura Minerals from $104.50 to $91.00 and set an “overweight” rating for the company in a report on Thursday, July 16th. Wall Street Zen downgraded Aura Minerals from a “buy” rating to a “hold” rating in a report on Saturday, August 8th. Weiss Ratings upgraded Aura Minerals from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, August 7th. Zacks Research cut Aura Minerals from a “hold” rating to a “strong sell” rating in a report on Tuesday, July 28th. Finally, Bank of America dropped their target price 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 given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Aura Minerals has a consensus rating of “Hold” and a consensus target price of $79.27.

Institutional Trading of Aura Minerals

Several institutional investors have recently modified their holdings of AUGO. Triumph Capital Management acquired a new stake in shares of Aura Minerals in the fourth quarter valued at about $25,000. Hollencrest Capital Management lifted its stake in shares of Aura Minerals by 307.7% in the fourth quarter. Hollencrest Capital Management now owns 795 shares of the company’s stock worth $40,000 after acquiring an additional 600 shares during the period. Global Retirement Partners LLC acquired a new position in shares of Aura Minerals in the fourth quarter worth approximately $34,000. Virtus Advisers LLC boosted its holdings in Aura Minerals by 46.4% in the fourth quarter. Virtus Advisers LLC now owns 2,635 shares of the company’s stock valued at $133,000 after acquiring an additional 835 shares during the last quarter. Finally, Quarry LP acquired a new stake in Aura Minerals during the 3rd quarter valued at approximately $37,000.

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.