Aura Minerals (NASDAQ:AUGO) Director Mauad Bruno Sousa Purchases 2,800 Shares

Aura Minerals Inc. (NASDAQ:AUGO) Director Mauad Bruno Sousa acquired 2,800 shares of the company’s stock in a transaction on Wednesday, June 3rd. The stock was acquired at an average price of $64.95 per share, for a total transaction of $181,860.00. Following the purchase, the director directly owned 437,765 shares of the company’s stock, valued at approximately $28,432,836.75. This trade represents a 0.64% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

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

• 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 value of $7,748,000.00.
• On Thursday, May 28th, Mauad Bruno Sousa sold 32,356 shares of Aura Minerals stock. The stock was sold at an average price of $76.98, for a total value of $2,490,764.88.
• On Wednesday, May 27th, Mauad Bruno Sousa sold 9,652 shares of Aura Minerals stock. The stock was sold at an average price of $75.62, for a total value of $729,884.24.
• On Tuesday, May 12th, Mauad Bruno Sousa sold 38,384 shares of Aura Minerals stock. The stock was sold at an average price of $83.95, for a total value of $3,222,336.80.

Aura Minerals Price Performance

Shares of NASDAQ AUGO opened at $66.86 on Friday. The firm has a market cap of $5.60 billion and a P/E ratio of 61.91. 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 Inc. has a 1-year low of $22.24 and a 1-year high of $110.32. The business’s 50 day moving average is $83.94 and its 200-day moving average is $68.59.

Aura Minerals (NASDAQ:AUGO) last announced its earnings results on Wednesday, May 20th. The company reported $999.00 earnings per share for the quarter. Aura Minerals had a return on equity of 111.96% and a net margin of 7.80%. Equities research 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. Stockholders of record on Tuesday, May 19th were paid a dividend of $0.78 per share. This represents a $3.12 dividend on an annualized basis and a dividend yield of 4.7%. This is an increase from Aura Minerals’s previous quarterly dividend of $0.66. The ex-dividend date was Tuesday, May 19th. Aura Minerals’s dividend payout ratio is 288.89%.

Hedge Funds Weigh In On Aura Minerals

Several hedge funds have recently bought and sold shares of the company. Triumph Capital Management bought a new position in Aura Minerals in the 4th quarter valued at about $25,000. Hollencrest Capital Management increased its stake in shares of Aura Minerals by 307.7% in the 4th quarter. Hollencrest Capital Management now owns 795 shares of the company’s stock valued at $40,000 after purchasing an additional 600 shares during the last quarter. Global Retirement Partners LLC bought a new position in shares of Aura Minerals in the 4th quarter valued at $34,000. Virtus Advisers LLC increased its stake in shares of Aura Minerals by 46.4% in the 4th quarter. Virtus Advisers LLC now owns 2,635 shares of the company’s stock valued at $133,000 after purchasing an additional 835 shares during the last quarter. Finally, Quarry LP bought a new position in shares of Aura Minerals in the 3rd quarter valued at $37,000.

Analyst Upgrades and Downgrades

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

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.