Insider Selling: Aura Minerals (NASDAQ:AUGO) Director Sells 100,000 Shares of Stock

Aura Minerals Inc. (NASDAQ:AUGO) Director Mauad Bruno Sousa sold 100,000 shares of the business’s stock in a transaction on Friday, May 29th. The shares were sold at an average price of $77.48, for a total transaction of $7,748,000.00. Following the transaction, the director owned 434,965 shares in the company, valued at $33,701,088.20. The trade was a 18.69% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

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

• 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.
• On Tuesday, May 12th, Mauad Bruno Sousa sold 38,384 shares of Aura Minerals stock. The shares were sold at an average price of $83.95, for a total transaction of $3,222,336.80.

Aura Minerals Stock Down 6.4%

Shares of Aura Minerals stock traded down $4.97 during trading on Monday, reaching $72.30. 789,468 shares of the company traded hands, compared to its average volume of 970,383. The company has a debt-to-equity ratio of 1.03, a current ratio of 0.98 and a quick ratio of 0.75. Aura Minerals Inc. has a 1-year low of $22.24 and a 1-year high of $110.32. The company has a 50 day moving average price of $83.70 and a 200-day moving average price of $67.68. The firm has a market capitalization of $6.06 billion and a PE ratio of 66.95.

Aura Minerals (NASDAQ:AUGO) last announced its quarterly earnings results on Wednesday, May 20th. The company reported $999.00 EPS for the quarter. Aura Minerals had a net margin of 7.80% and a return on equity of 111.96%. As a group, equities research analysts expect that Aura Minerals Inc. will post 10.08 earnings per share for the current fiscal year.

Aura Minerals Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, May 26th. Shareholders of record on Tuesday, May 19th were paid a dividend of $0.78 per share. This is a boost from Aura Minerals’s previous quarterly dividend of $0.66. The ex-dividend date was Tuesday, May 19th. This represents a $3.12 dividend on an annualized basis and a yield of 4.3%. Aura Minerals’s dividend payout ratio (DPR) is presently 288.89%.

Wall Street Analysts Forecast Growth

A number of analysts have commented on AUGO shares. Weiss Ratings upgraded shares of Aura Minerals from a “hold (c)” rating to a “buy (b-)” rating in a research note on Thursday, May 21st. Wall Street Zen upgraded shares of Aura Minerals from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. Zacks Research lowered shares of Aura Minerals from a “strong-buy” rating to a “strong sell” rating in a research note on Monday, April 27th. Finally, JPMorgan Chase & Co. assumed coverage on shares of Aura Minerals in a research note on Wednesday, February 25th. They issued an “overweight” rating and a $105.00 target price for the company. Four investment analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Aura Minerals has a consensus rating of “Moderate Buy” and a consensus price target of $67.60.

Hedge Funds Weigh In On Aura Minerals

Institutional investors have recently added to or reduced their stakes in the stock. Citigroup Inc. purchased a new stake in Aura Minerals during the third quarter valued at about $1,997,000. JPMorgan Chase & Co. purchased a new stake in Aura Minerals during the third quarter valued at about $27,097,000. William Blair Investment Management LLC purchased a new stake in Aura Minerals during the third quarter valued at about $16,901,000. Artisan Partners Limited Partnership purchased a new stake in Aura Minerals during the third quarter valued at about $1,819,000. Finally, Diversified Trust Co. lifted its holdings in Aura Minerals by 194.8% during the fourth quarter. Diversified Trust Co. now owns 17,100 shares of the company’s stock valued at $862,000 after purchasing an additional 11,300 shares during the last quarter.

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.