Aura Minerals (NASDAQ:AUGO) Director Mauad Bruno Sousa Sells 9,652 Shares of Stock

Aura Minerals Inc. (NASDAQ:AUGO) Director Mauad Bruno Sousa sold 9,652 shares of the stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $75.62, for a total value of $729,884.24. Following the completion of the sale, the director directly owned 567,321 shares of the company’s stock, valued at $42,900,814.02. The trade was a 1.67% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

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

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

Aura Minerals Trading Up 1.5%

NASDAQ AUGO opened at $75.88 on Friday. The firm has a market capitalization of $6.36 billion and a P/E ratio of 70.26. The business has a fifty day simple moving average of $83.60 and a 200 day simple moving average of $67.39. Aura Minerals Inc. has a 12 month low of $22.24 and a 12 month high of $110.32. The company has a current ratio of 0.98, a quick ratio of 0.75 and a debt-to-equity ratio of 1.03.

Aura Minerals (NASDAQ:AUGO) last released its quarterly earnings results on Wednesday, May 20th. The company reported $999.00 EPS for the quarter. Aura Minerals had a return on equity of 111.96% and a net margin of 7.80%. On average, analysts predict that Aura Minerals Inc. will post 10.08 EPS for the current fiscal year.

Aura Minerals Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, May 26th. Shareholders of record on Tuesday, May 19th were paid a $0.78 dividend. This is a boost from Aura Minerals’s previous quarterly dividend of $0.66. The ex-dividend date was Tuesday, May 19th. This represents a $3.12 dividend on an annualized basis and a yield of 4.1%. Aura Minerals’s dividend payout ratio is currently 288.89%.

Wall Street Analyst Weigh In

AUGO has been the subject of a number of recent analyst reports. Wall Street Zen upgraded Aura Minerals from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. Zacks Research downgraded Aura Minerals from a “strong-buy” rating to a “strong sell” rating in a research note on Monday, April 27th. Weiss Ratings upgraded Aura Minerals from a “hold (c)” rating to a “buy (b-)” rating in a research note on Thursday, May 21st. Finally, JPMorgan Chase & Co. initiated coverage on Aura Minerals in a research note on Wednesday, February 25th. They issued an “overweight” rating and a $105.00 price objective for the company. Four analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $67.60.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in AUGO. Y Intercept Hong Kong Ltd bought a new position in shares of Aura Minerals during the 3rd quarter worth $646,000. TD Waterhouse Canada Inc. bought a new position in shares of Aura Minerals during the 3rd quarter worth $1,532,000. State of Wyoming bought a new position in shares of Aura Minerals during the 3rd quarter worth $164,000. Truxt Investmentos Ltda. bought a new position in shares of Aura Minerals during the 3rd quarter worth $6,634,000. Finally, Cibc World Market Inc. bought a new position in shares of Aura Minerals during the 3rd quarter worth $2,968,000.

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.