Aura Minerals (NASDAQ:AUGO) Director Mauad Bruno Sousa Sells 120,757 Shares

Aura Minerals Inc. (NASDAQ:AUGO) Director Mauad Bruno Sousa sold 120,757 shares of Aura Minerals stock in a transaction that occurred on Monday, August 24th. The shares were sold at an average price of $88.45, for a total transaction of $10,680,956.65. Following the sale, the director owned 75,356 shares of the company’s stock, valued at approximately $6,665,238.20. The trade was a 61.58% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

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

• On Friday, August 21st, Mauad Bruno Sousa sold 222,652 shares of Aura Minerals stock. The stock was sold at an average price of $88.11, for a total value of $19,617,867.72.
• 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 transaction 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 transaction of $22,867,600.00.
• On Monday, August 17th, Mauad Bruno Sousa purchased 11,000 shares of Aura Minerals stock. The stock was 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 shares were bought at an average price of $64.95 per share, for a total transaction 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 value 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 value of $2,490,764.88.

Aura Minerals Price Performance

Shares of AUGO traded down $1.17 during trading hours on Wednesday, reaching $89.30. 624,342 shares of the company traded hands, compared to its average volume of 985,741. The company has a quick ratio of 0.82, a current ratio of 1.06 and a debt-to-equity ratio of 0.82. The stock has a market capitalization of $7.48 billion and a PE ratio of 25.23. Aura Minerals Inc. has a fifty-two week low of $28.22 and a fifty-two week high of $110.32. The stock has a fifty day simple moving average of $64.84 and a 200 day simple moving average of $73.90.

Aura Minerals (NASDAQ:AUGO) last released its 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 for the quarter. Aura Minerals had a net margin of 23.18% and a return on equity of 103.62%. As a group, research analysts predict that Aura Minerals Inc. will post 5.5 EPS for the current fiscal year.

Aura Minerals Cuts Dividend

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

Analysts Set New Price Targets

Several research analysts recently weighed in on the company. Wall Street Zen lowered Aura Minerals from a “buy” rating to a “hold” rating in a research report on Saturday, August 8th. JPMorgan Chase & Co. dropped their price target on Aura Minerals from $104.50 to $91.00 and set an “overweight” rating for the company in a research note on Thursday, July 16th. Bank of America cut their price objective on Aura Minerals from $122.00 to $94.00 and set a “buy” rating on the stock in a report on Thursday, July 9th. Zacks Research downgraded shares of Aura Minerals from a “hold” rating to a “strong sell” rating in a research report on Tuesday, July 28th. Finally, Weiss Ratings upgraded shares of Aura Minerals from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, August 7th. Three investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $79.27.

Institutional Investors Weigh In On Aura Minerals

Several institutional investors and hedge funds have recently modified their holdings of the stock. California State Teachers Retirement System purchased a new stake in shares of Aura Minerals during the 2nd quarter valued at about $86,494,000. Jennison Associates LLC acquired a new stake in Aura Minerals in the first quarter valued at approximately $50,378,000. Bank of America Corp DE purchased a new stake in shares of Aura Minerals during the third quarter valued at approximately $17,623,000. Marshall Wace LLP purchased a new stake in shares of Aura Minerals during the third quarter valued at approximately $17,483,000. Finally, Amundi lifted its position in shares of Aura Minerals by 319.9% during the fourth quarter. Amundi now owns 428,436 shares of the company’s stock worth $21,600,000 after purchasing an additional 326,403 shares in the last quarter.

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.