Teacher Retirement System of Texas Purchases New Position in Aura Minerals Inc. $AUGO

Teacher Retirement System of Texas purchased a new stake in Aura Minerals Inc. (NASDAQ:AUGO) during the third quarter, HoldingsChannel.com reports. The firm purchased 450,000 shares of the company’s stock, valued at approximately $16,744,000.

Several other hedge funds also recently modified their holdings of the company. North of South Capital LLP bought a new position in shares of Aura Minerals in the third quarter valued at approximately $3,088,000. U S Global Investors Inc. acquired a new stake in Aura Minerals during the 3rd quarter valued at $3,721,000. Diversified Trust Co acquired a new stake in Aura Minerals during the 3rd quarter valued at $216,000. Finally, Ashoka WhiteOak Capital Pte Ltd bought a new position in Aura Minerals in the 3rd quarter valued at $874,000.

Aura Minerals Trading Down 1.5%

Shares of NASDAQ:AUGO opened at $68.30 on Friday. The company has a debt-to-equity ratio of 2.68, a current ratio of 1.12 and a quick ratio of 0.83. Aura Minerals Inc. has a 1-year low of $12.19 and a 1-year high of $70.46. The company has a market cap of $5.64 billion and a PE ratio of -115.76. The stock’s 50-day moving average price is $48.57.

Aura Minerals (NASDAQ:AUGO) last issued its earnings results on Tuesday, November 4th. The company reported $0.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.97 by ($0.90). Aura Minerals had a negative net margin of 5.55% and a positive return on equity of 93.74%. The business had revenue of $247.83 million during the quarter. The business’s revenue for the quarter was up 58.7% on a year-over-year basis.

Aura Minerals Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 21st. Shareholders of record on Monday, November 17th were paid a $0.48 dividend. The ex-dividend date of this dividend was Monday, November 17th. This represents a $1.92 dividend on an annualized basis and a yield of 2.8%. Aura Minerals’s dividend payout ratio (DPR) is presently -325.42%.

Analyst Upgrades and Downgrades

AUGO has been the topic of a number of recent analyst reports. Weiss Ratings reissued a “hold (c)” rating on shares of Aura Minerals in a research note on Monday, December 29th. Wall Street Zen cut Aura Minerals from a “strong-buy” rating to a “buy” rating in a report on Monday, January 19th. Zacks Research upgraded shares of Aura Minerals from a “hold” rating to a “strong-buy” rating in a research report on Thursday, January 1st. The Goldman Sachs Group increased their price objective on shares of Aura Minerals from $46.60 to $52.80 and gave the stock a “buy” rating in a report on Wednesday, December 3rd. Finally, Bank of America boosted their target price on shares of Aura Minerals from $40.00 to $45.00 and gave the stock a “buy” rating in a research note on Thursday, October 16th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of $48.90.

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.