Y Intercept Hong Kong Ltd Sells 62,379 Shares of Aura Minerals Inc. $AUGO

Y Intercept Hong Kong Ltd trimmed its holdings in shares of Aura Minerals Inc. (NASDAQ:AUGO) by 70.5% in the first quarter, HoldingsChannel.com reports. The fund owned 26,047 shares of the company’s stock after selling 62,379 shares during the period. Y Intercept Hong Kong Ltd’s holdings in Aura Minerals were worth $2,125,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of AUGO. Banque Cantonale Vaudoise bought a new position in Aura Minerals in the 3rd quarter valued at $108,000. Legal & General Group Plc purchased a new stake in shares of Aura Minerals during the 3rd quarter valued at $317,000. Capital World Investors bought a new stake in shares of Aura Minerals during the 3rd quarter worth $60,284,000. Van ECK Associates Corp bought a new stake in shares of Aura Minerals during the 3rd quarter worth $1,476,000. Finally, BNP Paribas Financial Markets purchased a new position in shares of Aura Minerals in the 3rd quarter worth about $145,000.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on AUGO shares. Zacks Research upgraded shares of Aura Minerals from a “strong sell” rating to a “hold” rating in a research report on Monday, June 29th. Wall Street Zen raised shares of Aura Minerals from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. Finally, Weiss Ratings cut shares of Aura Minerals from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday, June 29th. Three analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Aura Minerals presently has a consensus rating of “Moderate Buy” and an average target price of $67.60.

Insider Buying and Selling at Aura Minerals

In related news, CFO Santos Cardoso Joao Kleber Dos sold 60,000 shares of the company’s stock in a transaction that occurred on Tuesday, June 30th. The shares were sold at an average price of $61.95, for a total transaction of $3,717,000.00. Following the sale, the chief financial officer directly owned 118,111 shares in the company, valued at approximately $7,316,976.45. This represents a 33.69% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Luvizotto Glauber Rosa sold 22,367 shares of the firm’s stock in a transaction that occurred on Friday, June 26th. The stock was 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. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 403,092 shares of company stock worth $30,450,738 over the last three months.

Aura Minerals Stock Performance

Shares of AUGO opened at $59.82 on Thursday. Aura Minerals Inc. has a 1 year low of $22.24 and a 1 year high of $110.32. The company has a debt-to-equity ratio of 1.03, a current ratio of 0.98 and a quick ratio of 0.75. The stock’s fifty day moving average price is $69.86 and its two-hundred day moving average price is $72.16. The firm has a market cap of $5.01 billion and a PE ratio of 55.39.

Aura Minerals (NASDAQ:AUGO) last posted its quarterly earnings results on Wednesday, May 6th. The company reported $1.13 earnings per share for the quarter. Aura Minerals had a return on equity of 111.96% and a net margin of 7.80%.The company had revenue of $382.61 million during the quarter. On average, equities research analysts forecast that Aura Minerals Inc. will post 7.78 EPS for the current year.

Aura Minerals Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, May 26th. Shareholders of record on Tuesday, May 19th were given a dividend of $0.78 per share. This is a boost from Aura Minerals’s previous quarterly dividend of $0.66. This represents a $3.12 dividend on an annualized basis and a yield of 5.2%. The ex-dividend date was Tuesday, May 19th. Aura Minerals’s dividend payout ratio (DPR) is 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.