Quantbot Technologies LP Makes New $782,000 Investment in Aura Minerals Inc. $AUGO

Quantbot Technologies LP acquired a new position in Aura Minerals Inc. (NASDAQ:AUGO) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 21,015 shares of the company’s stock, valued at approximately $782,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Shell Asset Management Co. acquired a new stake in Aura Minerals during the third quarter worth approximately $43,000. State of Wyoming bought a new stake in Aura Minerals in the third quarter worth approximately $164,000. Diversified Trust Co acquired a new position in Aura Minerals in the third quarter valued at approximately $216,000. Counterpoint Mutual Funds LLC bought a new position in shares of Aura Minerals during the 3rd quarter worth approximately $517,000. Finally, Y Intercept Hong Kong Ltd bought a new position in shares of Aura Minerals during the 3rd quarter worth approximately $646,000.

Aura Minerals Stock Down 1.4%

Shares of AUGO opened at $80.60 on Friday. The stock has a fifty day moving average price of $67.13. Aura Minerals Inc. has a 12-month low of $14.69 and a 12-month high of $90.19. The company has a current ratio of 0.97, a quick ratio of 1.37 and a debt-to-equity ratio of 1.17. The company has a market cap of $6.73 billion and a PE ratio of -76.76.

Aura Minerals Dividend Announcement

The firm also recently disclosed a dividend, which will be paid on Wednesday, March 18th. Shareholders of record on Wednesday, March 11th will be paid a $0.66 dividend. The ex-dividend date of this dividend is Wednesday, March 11th. Aura Minerals’s dividend payout ratio (DPR) is -182.86%.

Analyst Ratings Changes

Several analysts have recently commented on the stock. JPMorgan Chase & Co. assumed coverage on shares of Aura Minerals in a research report on Wednesday, February 25th. They set an “overweight” rating and a $105.00 price objective for the company. Weiss Ratings reissued a “hold (c)” rating on shares of Aura Minerals in a research note on Monday, December 29th. Zacks Research upgraded shares of Aura Minerals from a “hold” rating to a “strong-buy” rating in a report on Monday, March 2nd. Wall Street Zen lowered shares of Aura Minerals from a “strong-buy” rating to a “buy” rating in a report on Sunday, February 22nd. Finally, The Goldman Sachs Group raised their target price on Aura Minerals from $46.60 to $52.80 and gave the company a “buy” rating in a research note on Wednesday, December 3rd. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of $67.60.

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.