Aura Minerals (NASDAQ:AUGO) Director Mauad Bruno Sousa Sells 280,000 Shares of Stock

Aura Minerals Inc. (NASDAQ:AUGO) Director Mauad Bruno Sousa sold 280,000 shares of the firm’s stock in a transaction on Wednesday, August 19th. The shares were sold at an average price of $81.67, for a total transaction of $22,867,600.00. Following the transaction, the director directly owned 168,765 shares of the company’s stock, valued at $13,783,037.55. The trade was a 62.39% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.

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

• On Monday, August 17th, Mauad Bruno Sousa bought 11,000 shares of Aura Minerals stock. The shares were bought at an average cost of $78.93 per share, for a total transaction of $868,230.00.
• On Wednesday, June 3rd, Mauad Bruno Sousa purchased 2,800 shares of Aura Minerals stock. The stock was 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 shares were 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.
• 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 value of $729,884.24.

Aura Minerals Trading Up 2.0%

Shares of Aura Minerals stock traded up $1.69 during midday trading on Thursday, reaching $86.69. The company had a trading volume of 1,810,036 shares, compared to its average volume of 989,584. The stock has a fifty day moving average price of $62.80 and a 200 day moving average price of $73.21. Aura Minerals Inc. has a fifty-two week low of $26.98 and a fifty-two week high of $110.32. The firm has a market cap of $7.26 billion and a PE ratio of 24.49. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.06 and a quick ratio of 0.82.

Aura Minerals (NASDAQ:AUGO) last released its quarterly earnings results on Tuesday, June 30th. The company reported $2.57 earnings per share (EPS) for the quarter. The firm had revenue of $335.97 million during the quarter. Aura Minerals had a net margin of 23.18% and a return on equity of 103.62%. On average, equities analysts anticipate that Aura Minerals Inc. will post 5.55 earnings per share for the current year.

Aura Minerals Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 28th. Stockholders of record on Tuesday, August 18th will be given a dividend of $0.72 per share. The ex-dividend date is Tuesday, August 18th. This represents a $2.88 annualized dividend and a dividend yield of 3.3%. Aura Minerals’s dividend payout ratio is 81.36%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Triumph Capital Management bought a new stake in Aura Minerals in the fourth quarter valued at $25,000. Hollencrest Capital Management boosted its position in shares of Aura Minerals by 307.7% during the 4th quarter. Hollencrest Capital Management now owns 795 shares of the company’s stock worth $40,000 after purchasing an additional 600 shares in the last quarter. Global Retirement Partners LLC acquired a new stake in shares of Aura Minerals in the 4th quarter valued at about $34,000. Virtus Advisers LLC grew its stake in shares of Aura Minerals by 46.4% in the 4th quarter. Virtus Advisers LLC now owns 2,635 shares of the company’s stock valued at $133,000 after buying an additional 835 shares during the period. Finally, Quarry LP bought a new stake in Aura Minerals in the 3rd quarter valued at about $37,000.

Analyst Upgrades and Downgrades

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

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.