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

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

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 transaction of $19,617,867.72.
• On Thursday, August 20th, Mauad Bruno Sousa sold 125,000 shares of Aura Minerals stock. The stock was 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 acquired 11,000 shares of Aura Minerals stock. The stock was purchased at an average price of $78.93 per share, with a total value of $868,230.00.
• On Wednesday, June 3rd, Mauad Bruno Sousa acquired 2,800 shares of Aura Minerals stock. The stock was purchased at an average price of $64.95 per share, with a total value 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.

Aura Minerals Stock Performance

Shares of AUGO stock opened at $89.12 on Friday. The company has a market cap of $7.47 billion and a price-to-earnings ratio of 25.18. The stock has a 50 day simple moving average of $65.82 and a 200-day simple moving average of $74.25. Aura Minerals Inc. has a 12-month low of $28.25 and a 12-month high of $110.32. 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 posted its quarterly earnings results on Tuesday, June 30th. The company reported $2.57 EPS for the quarter. Aura Minerals had a return on equity of 103.62% and a net margin of 23.18%.The business had revenue of $335.97 million during the quarter. On average, equities analysts forecast that Aura Minerals Inc. will post 5.5 EPS for the current year.

Aura Minerals Cuts Dividend

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

Institutional Investors Weigh In On Aura Minerals

A number of large investors have recently added to or reduced their stakes in the business. California State Teachers Retirement System acquired a new position in Aura Minerals during the second quarter worth about $86,494,000. Jennison Associates LLC purchased a new stake in shares of Aura Minerals in the first quarter valued at about $50,378,000. Bank of America Corp DE acquired a new stake in shares of Aura Minerals in the third quarter valued at approximately $17,623,000. Marshall Wace LLP acquired a new stake in shares of Aura Minerals in the third quarter valued at approximately $17,483,000. Finally, Amundi increased its stake in shares of Aura Minerals by 319.9% during 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 in the last quarter.

Wall Street Analyst Weigh In

AUGO has been the topic of a number of recent analyst reports. 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. Wall Street Zen cut shares of Aura Minerals from a “buy” rating to a “hold” rating in a research note on Saturday, August 8th. JPMorgan Chase & Co. decreased their price objective on shares of Aura Minerals from $104.50 to $91.00 and set an “overweight” rating on the stock in a report on Thursday, July 16th. Bank of America lowered their target price on shares of Aura Minerals from $122.00 to $94.00 and set a “buy” rating on the stock in a research report on Thursday, July 9th. Finally, Zacks Research cut shares of Aura Minerals from a “hold” rating to a “strong sell” rating in a report on Tuesday, July 28th. Three equities research 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’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $79.27.

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.