Aura Minerals (NASDAQ:AUGO) CEO Rodrigo Cardoso Barbosa Sells 55,000 Shares

Aura Minerals Inc. (NASDAQ:AUGO) CEO Rodrigo Cardoso Barbosa sold 55,000 shares of the firm’s stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of $82.63, for a total transaction of $4,544,650.00. Following the sale, the chief executive officer directly owned 739,745 shares of the company’s stock, valued at $61,125,129.35. The trade was a 6.92% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

Rodrigo Cardoso Barbosa also recently made the following trade(s):

• On Monday, May 11th, Rodrigo Cardoso Barbosa sold 60,000 shares of Aura Minerals stock. The stock was sold at an average price of $81.43, for a total transaction of $4,885,800.00.
• On Friday, March 20th, Rodrigo Cardoso Barbosa sold 5,000 shares of Aura Minerals stock. The shares were sold at an average price of $61.75, for a total transaction of $308,750.00.
• On Thursday, March 19th, Rodrigo Cardoso Barbosa sold 10,000 shares of Aura Minerals stock. The shares were sold at an average price of $65.82, for a total transaction of $658,200.00.

Aura Minerals Stock Performance

Shares of AUGO opened at $79.26 on Thursday. The company has a market cap of $6.64 billion and a price-to-earnings ratio of 73.39. The firm has a fifty day moving average of $84.94 and a 200-day moving average of $64.08. Aura Minerals Inc. has a 1 year low of $18.74 and a 1 year high of $110.32. The company has a debt-to-equity ratio of 1.03, a quick ratio of 0.75 and a current ratio of 0.98.

Aura Minerals (NASDAQ:AUGO) last posted its quarterly earnings data on Saturday, February 14th. The company reported ($0.24) earnings per share for the quarter. The company had revenue of $321.66 million during the quarter. Aura Minerals had a return on equity of 111.96% and a net margin of 7.80%. As a group, equities analysts anticipate that Aura Minerals Inc. will post 10.08 earnings per share for the current year.

Aura Minerals Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 26th. Investors of record on Tuesday, May 19th will be issued a $0.78 dividend. The ex-dividend date of this dividend is Tuesday, May 19th. This is an increase from Aura Minerals’s previous quarterly dividend of $0.66. This represents a $3.12 annualized dividend and a yield of 3.9%. Aura Minerals’s dividend payout ratio is currently 244.44%.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on AUGO shares. Wall Street Zen raised shares of Aura Minerals from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. JPMorgan Chase & Co. started coverage on shares of Aura Minerals in a report on Wednesday, February 25th. They issued an “overweight” rating and a $105.00 price objective for the company. Zacks Research downgraded shares of Aura Minerals from a “strong-buy” rating to a “strong sell” rating in a report on Monday, April 27th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Aura Minerals in a report on Friday, March 27th. Three equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $67.60.

Institutional Trading of Aura Minerals

Several institutional investors and hedge funds have recently bought and sold shares of AUGO. Capital World Investors acquired a new stake in Aura Minerals during the 3rd quarter worth about $60,284,000. SPX Gestao de Recursos Ltda acquired a new stake in Aura Minerals during the 3rd quarter worth about $29,988,000. JPMorgan Chase & Co. acquired a new stake in Aura Minerals during the 3rd quarter worth about $27,097,000. Jennison Associates LLC acquired a new stake in Aura Minerals during the 1st quarter worth about $50,378,000. Finally, Bank of America Corp DE acquired a new stake in Aura Minerals during the 3rd quarter worth about $17,623,000.

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.