Aura Minerals (NASDAQ:AUGO) Director Sells $19,617,867.72 in Stock

Aura Minerals Inc. (NASDAQ:AUGO) Director Mauad Bruno Sousa sold 222,652 shares of the company’s stock in a transaction dated Friday, August 21st. The shares were sold at an average price of $88.11, for a total transaction of $19,617,867.72. Following the transaction, the director owned 71,113 shares in the company, valued at $6,265,766.43. This represents a 75.79% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

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

• On Monday, August 24th, Mauad Bruno Sousa sold 120,757 shares of Aura Minerals stock. The stock was sold at an average price of $88.45, for a total transaction of $10,680,956.65.
• 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 shares were 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 shares were bought at an average price of $78.93 per share, for a total transaction of $868,230.00.
• On Wednesday, June 3rd, Mauad Bruno Sousa bought 2,800 shares of Aura Minerals stock. The stock was bought at an average price of $64.95 per share, for a total transaction of $181,860.00.
• On Friday, May 29th, Mauad Bruno Sousa sold 100,000 shares of Aura Minerals stock. The stock was sold at an average price of $77.48, for a total transaction of $7,748,000.00.
• On Thursday, May 28th, Mauad Bruno Sousa sold 32,356 shares of Aura Minerals stock. The shares were sold at an average price of $76.98, for a total transaction of $2,490,764.88.
• On Wednesday, May 27th, Mauad Bruno Sousa sold 9,652 shares of Aura Minerals stock. The shares were sold at an average price of $75.62, for a total transaction of $729,884.24.

Aura Minerals Price Performance

NASDAQ AUGO opened at $89.12 on Friday. The stock has a market capitalization of $7.47 billion and a price-to-earnings ratio of 25.18. Aura Minerals Inc. has a 1-year low of $28.25 and a 1-year high of $110.32. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.06 and a quick ratio of 0.82. The business’s fifty day moving average price is $65.82 and its 200-day moving average price is $74.25.

Aura Minerals (NASDAQ:AUGO) last issued its quarterly earnings data on Tuesday, June 30th. The company reported $2.57 EPS for the quarter. The company had revenue of $335.97 million during the quarter. Aura Minerals had a return on equity of 103.62% and a net margin of 23.18%. On average, equities analysts predict that Aura Minerals Inc. will post 5.5 earnings per share for the current year.

Aura Minerals Cuts Dividend

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

Analysts Set New Price Targets

Several equities research analysts have recently commented on the stock. Bank of America reduced their price target on shares of Aura Minerals from $122.00 to $94.00 and set a “buy” rating for the company in a research report on Thursday, July 9th. Weiss Ratings raised shares of Aura Minerals from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, August 7th. Wall Street Zen lowered shares of Aura Minerals from a “buy” rating to a “hold” rating in a research report on Saturday, August 8th. Zacks Research lowered shares of Aura Minerals from a “hold” rating to a “strong sell” rating in a research report on Tuesday, July 28th. Finally, JPMorgan Chase & Co. reduced their target price on shares of Aura Minerals from $104.50 to $91.00 and set an “overweight” rating for the company in a report on Thursday, July 16th. Three equities research 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. According to MarketBeat, Aura Minerals currently has an average rating of “Hold” and a consensus price target of $79.27.

Institutional Trading of Aura Minerals

Several hedge funds have recently bought and sold shares of AUGO. Triumph Capital Management purchased a new stake in Aura Minerals in the fourth quarter worth about $25,000. Global Retirement Partners LLC purchased a new position in shares of Aura Minerals during the 4th quarter valued at about $34,000. Quarry LP bought a new position in shares of Aura Minerals during the 3rd quarter valued at approximately $37,000. Hollencrest Capital Management grew its stake in shares of Aura Minerals by 307.7% during the 4th quarter. Hollencrest Capital Management now owns 795 shares of the company’s stock valued at $40,000 after acquiring an additional 600 shares during the period. Finally, Banque Cantonale Vaudoise purchased a new stake in Aura Minerals in the 3rd quarter worth approximately $108,000.

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.