Insider Selling: Aura Minerals (NASDAQ:AUGO) COO Sells $1,459,894.09 in Stock

Aura Minerals Inc. (NASDAQ:AUGO) COO Luvizotto Glauber Rosa sold 22,367 shares of the firm’s stock in a transaction on Friday, June 26th. The shares were sold at an average price of $65.27, for a total transaction of $1,459,894.09. Following the completion of the transaction, the chief operating officer directly owned 411,938 shares of the company’s stock, valued at approximately $26,887,193.26. This trade represents a 5.15% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Luvizotto Glauber Rosa also recently made the following trade(s):

• On Monday, June 22nd, Luvizotto Glauber Rosa sold 6,323 shares of Aura Minerals stock. The stock was sold at an average price of $65.22, for a total transaction of $412,386.06.

Aura Minerals Price Performance

AUGO stock opened at $65.46 on Friday. Aura Minerals Inc. has a 52 week low of $22.24 and a 52 week high of $110.32. The firm has a market capitalization of $5.48 billion and a P/E ratio of 60.61. The company has a fifty day simple moving average of $72.02 and a two-hundred day simple moving average of $71.70. The company has a quick ratio of 0.75, a current ratio of 0.98 and a debt-to-equity ratio of 1.03.

Aura Minerals (NASDAQ:AUGO) last posted its earnings results on Wednesday, May 6th. The company reported $1.13 earnings per share for the quarter. The firm had revenue of $382.61 million for the quarter. Aura Minerals had a net margin of 7.80% and a return on equity of 111.96%. Analysts anticipate that Aura Minerals Inc. will post 7.78 earnings per share for the current fiscal year.

Aura Minerals Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, May 26th. Investors of record on Tuesday, May 19th were given a $0.78 dividend. 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 4.8%. The ex-dividend date was Tuesday, May 19th. Aura Minerals’s dividend payout ratio (DPR) is 288.89%.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the company. Weiss Ratings downgraded Aura Minerals from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday. Wall Street Zen upgraded Aura Minerals from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. Finally, Zacks Research raised Aura Minerals from a “strong sell” rating to a “hold” rating in a research report on Monday. Three research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $67.60.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Citigroup Inc. bought a new stake in shares of Aura Minerals during the third quarter worth $1,997,000. Quantbot Technologies LP purchased a new stake in Aura Minerals in the 3rd quarter valued at about $782,000. William Blair Investment Management LLC purchased a new stake in Aura Minerals in the 3rd quarter valued at about $16,901,000. Geo Capital Gestora de Recursos Ltd purchased a new stake in Aura Minerals in the 3rd quarter valued at about $2,802,000. Finally, SPX Gestao de Recursos Ltda bought a new position in Aura Minerals in the 3rd quarter worth about $29,988,000.

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.