Channing Global Advisors LLC Buys Shares of 23,133 Aura Minerals Inc. $AUGO

Channing Global Advisors LLC bought a new stake in Aura Minerals Inc. (NASDAQ:AUGO) in the fourth quarter, HoldingsChannel.com reports. The fund bought 23,133 shares of the company’s stock, valued at approximately $1,166,000. Aura Minerals comprises 0.7% of Channing Global Advisors LLC’s holdings, making the stock its 26th biggest holding.

A number of other hedge funds and other institutional investors also recently bought and sold shares of AUGO. Global Retirement Partners LLC acquired a new position in Aura Minerals in the fourth quarter valued at approximately $34,000. Quarry LP acquired a new position in Aura Minerals in the third quarter valued at approximately $37,000. Shell Asset Management Co. acquired a new position in Aura Minerals in the third quarter valued at approximately $43,000. Banque Cantonale Vaudoise acquired a new position in Aura Minerals in the third quarter valued at approximately $108,000. Finally, BNP Paribas Financial Markets acquired a new position in Aura Minerals in the third quarter valued at approximately $145,000.

Insider Activity at Aura Minerals

In related news, CEO Rodrigo Cardoso Barbosa sold 55,000 shares of the business’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 owned 739,745 shares of the company’s stock, valued at $61,125,129.35. The trade was a 6.92% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Mauad Bruno Sousa sold 100,000 shares of the business’s stock in a transaction that occurred on Friday, May 29th. The stock was sold at an average price of $77.48, for a total value of $7,748,000.00. Following the sale, the director directly owned 434,965 shares in the company, valued at approximately $33,701,088.20. The trade was a 18.69% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 310,392 shares of company stock worth $24,588,386.

Analyst Ratings Changes

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

Aura Minerals Stock Performance

AUGO opened at $72.30 on Tuesday. Aura Minerals Inc. has a twelve month low of $22.24 and a twelve month high of $110.32. The stock has a market cap of $6.06 billion and a PE ratio of 66.95. The business’s 50 day moving average is $83.81 and its 200-day moving average is $67.94. The company has a current ratio of 0.98, a quick ratio of 0.75 and a debt-to-equity ratio of 1.03.

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

Aura Minerals Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, May 26th. Investors of record on Tuesday, May 19th were issued a dividend of $0.78 per share. The ex-dividend date of this dividend was Tuesday, May 19th. This is a positive change from Aura Minerals’s previous quarterly dividend of $0.66. This represents a $3.12 annualized dividend and a yield of 4.3%. Aura Minerals’s dividend payout ratio is presently 288.89%.

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.