Aura Minerals (NASDAQ:AUGO) Director Mauad Bruno Sousa Sells 100,000 Shares

Aura Minerals Inc. (NASDAQ:AUGO) Director Mauad Bruno Sousa sold 100,000 shares of the company’s stock in a transaction dated Friday, May 29th. The shares were sold at an average price of $77.48, for a total transaction of $7,748,000.00. Following the sale, the director directly owned 434,965 shares in the company, valued at approximately $33,701,088.20. This trade represents a 18.69% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

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

• On Thursday, May 28th, Mauad Bruno Sousa sold 32,356 shares of Aura Minerals stock. The shares were 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.
• On Tuesday, May 12th, Mauad Bruno Sousa sold 38,384 shares of Aura Minerals stock. The stock was sold at an average price of $83.95, for a total transaction of $3,222,336.80.

Aura Minerals Price Performance

Shares of Aura Minerals stock traded down $4.97 on Monday, reaching $72.30. The stock had a trading volume of 789,468 shares, compared to its average volume of 970,383. Aura Minerals Inc. has a 1 year low of $22.24 and a 1 year high of $110.32. The company has a market cap of $6.06 billion and a P/E ratio of 66.95. The company has a current ratio of 0.98, a quick ratio of 0.75 and a debt-to-equity ratio of 1.03. The business’s 50 day moving average is $83.70 and its two-hundred day moving average is $67.68.

Aura Minerals (NASDAQ:AUGO) last announced its quarterly earnings results on Wednesday, May 20th. The company reported $999.00 earnings per share (EPS) for the quarter. Aura Minerals had a net margin of 7.80% and a return on equity of 111.96%. As a group, research analysts anticipate that Aura Minerals Inc. will post 10.08 EPS for the current year.

Aura Minerals Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, May 26th. Stockholders of record on Tuesday, May 19th were issued a $0.78 dividend. The ex-dividend date of this dividend was Tuesday, May 19th. This is a positive change 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 4.3%. Aura Minerals’s payout ratio is currently 288.89%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Triumph Capital Management bought a new position in Aura Minerals during the fourth quarter valued at approximately $25,000. Global Retirement Partners LLC bought a new position in shares of Aura Minerals in the fourth quarter worth approximately $34,000. Hollencrest Capital Management grew its holdings 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 purchasing an additional 600 shares during the last quarter. Quarry LP bought a new position in shares of Aura Minerals in the third quarter worth approximately $37,000. Finally, Shell Asset Management Co. bought a new position in shares of Aura Minerals in the third quarter worth approximately $43,000.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the stock. JPMorgan Chase & Co. assumed coverage on shares of Aura Minerals in a report on Wednesday, February 25th. They issued an “overweight” rating and a $105.00 price target on the stock. Zacks Research downgraded shares of Aura Minerals from a “strong-buy” rating to a “strong sell” rating in a report on Monday, April 27th. Weiss Ratings upgraded shares of Aura Minerals from a “hold (c)” rating to a “buy (b-)” rating in a research report on Thursday, May 21st. Finally, Wall Street Zen upgraded shares of Aura Minerals from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. Four equities research analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $67.60.

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.