Truxt Investmentos Ltda. Buys Shares of 178,275 Aura Minerals Inc. $AUGO

Truxt Investmentos Ltda. purchased a new stake in shares of Aura Minerals Inc. (NASDAQ:AUGO) during the 3rd quarter, HoldingsChannel.com reports. The institutional investor purchased 178,275 shares of the company’s stock, valued at approximately $6,634,000. Aura Minerals comprises about 9.9% of Truxt Investmentos Ltda.’s portfolio, making the stock its 3rd biggest position.

A number of other hedge funds have also recently modified their holdings of AUGO. Teacher Retirement System of Texas purchased a new position in Aura Minerals during the third quarter worth about $16,744,000. U S Global Investors Inc. acquired a new stake in Aura Minerals during the third quarter worth $3,721,000. North of South Capital LLP purchased a new position in shares of Aura Minerals during the 3rd quarter worth $3,088,000. TD Waterhouse Canada Inc. purchased a new stake in Aura Minerals in the 3rd quarter valued at about $1,532,000. Finally, Ashoka WhiteOak Capital Pte Ltd acquired a new position in Aura Minerals in the third quarter valued at about $874,000.

Aura Minerals Trading Down 3.8%

Aura Minerals stock opened at $61.27 on Tuesday. The stock has a market cap of $5.06 billion and a PE ratio of -103.85. The stock’s fifty day moving average price is $52.49. The company has a current ratio of 1.12, a quick ratio of 0.83 and a debt-to-equity ratio of 2.68. Aura Minerals Inc. has a 12-month low of $13.29 and a 12-month high of $76.80.

Aura Minerals (NASDAQ:AUGO) last posted its quarterly earnings results on Tuesday, November 4th. The company reported $0.07 earnings per share for the quarter, missing analysts’ consensus estimates of $0.97 by ($0.90). Aura Minerals had a negative net margin of 5.55% and a positive return on equity of 93.74%. The business had revenue of $247.83 million during the quarter. The business’s revenue was up 58.7% compared to the same quarter last year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on AUGO shares. Wall Street Zen cut shares of Aura Minerals from a “strong-buy” rating to a “buy” rating in a research report on Monday, January 19th. The Goldman Sachs Group lifted their target price on Aura Minerals from $46.60 to $52.80 and gave the company a “buy” rating in a research report on Wednesday, December 3rd. Weiss Ratings reissued a “hold (c)” rating on shares of Aura Minerals in a research report on Monday, December 29th. Bank of America lifted their price objective on shares of Aura Minerals from $40.00 to $45.00 and gave the company a “buy” rating in a report on Thursday, October 16th. Finally, Zacks Research downgraded shares of Aura Minerals from a “strong-buy” rating to a “hold” rating in a research note on Friday. Two investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, Aura Minerals has an average rating of “Moderate Buy” and an average price target of $48.90.

Aura Minerals 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.