Santos Cardoso Joao Kleber Dos Sells 7,934 Shares of Aura Minerals (NASDAQ:AUGO) Stock

Aura Minerals Inc. (NASDAQ:AUGO) CFO Santos Cardoso Joao Kleber Dos sold 7,934 shares of the company’s stock in a transaction dated Wednesday, August 19th. The stock was sold at an average price of $80.12, for a total value of $635,672.08. Following the transaction, the chief financial officer directly owned 98,111 shares of the company’s stock, valued at approximately $7,860,653.32. This represents a 7.48% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Santos Cardoso Joao Kleber Dos also recently made the following trade(s):

• On Monday, August 17th, Santos Cardoso Joao Kleber Dos sold 2,066 shares of Aura Minerals stock. The shares were sold at an average price of $80.00, for a total transaction of $165,280.00.
• On Friday, August 7th, Santos Cardoso Joao Kleber Dos sold 10,000 shares of Aura Minerals stock. The shares were sold at an average price of $70.03, for a total transaction of $700,300.00.
• On Tuesday, June 30th, Santos Cardoso Joao Kleber Dos sold 60,000 shares of Aura Minerals stock. The stock was sold at an average price of $61.95, for a total value of $3,717,000.00.

Aura Minerals Price Performance

Shares of NASDAQ AUGO opened at $87.26 on Friday. The stock has a 50 day moving average of $63.93 and a two-hundred day moving average of $73.47. Aura Minerals Inc. has a twelve month low of $27.16 and a twelve month high of $110.32. The stock has a market cap of $7.31 billion and a P/E ratio of 24.65. The company has a current ratio of 1.06, a quick ratio of 0.82 and a debt-to-equity ratio of 0.82.

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

Aura Minerals Cuts Dividend

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

Institutional Trading of Aura Minerals

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Jennison Associates LLC purchased a new stake in Aura Minerals during the 1st quarter worth approximately $50,378,000. Bank of America Corp DE bought a new position in shares of Aura Minerals in the 3rd quarter worth about $17,623,000. Marshall Wace LLP bought a new position in Aura Minerals in the third quarter worth about $17,483,000. Amundi lifted its holdings in shares of Aura Minerals by 319.9% in the 4th quarter. Amundi now owns 428,436 shares of the company’s stock worth $21,600,000 after purchasing an additional 326,403 shares during the last quarter. Finally, Two Sigma Investments LP acquired a new position in shares of Aura Minerals during the third quarter valued at $11,963,000.

Analyst Ratings Changes

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