Aura Minerals Inc. (NASDAQ:AUGO) Receives Average Rating of “Hold” from Analysts

Aura Minerals Inc. (NASDAQ:AUGO) has received an average recommendation of “Hold” from the five ratings firms that are presently covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, one has given a hold recommendation and three have assigned a buy recommendation to the company. The average 1-year price objective among analysts that have covered the stock in the last year is $67.60.

A number of equities research analysts recently issued reports on AUGO shares. Zacks Research cut shares of Aura Minerals from a “strong-buy” rating to a “strong sell” rating in a research report on Monday, April 27th. Wall Street Zen upgraded 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 “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, June 5th.

Aura Minerals Trading Down 0.7%

Shares of AUGO stock opened at $63.65 on Tuesday. Aura Minerals has a 52-week low of $22.24 and a 52-week high of $110.32. The stock has a market cap of $5.33 billion and a price-to-earnings ratio of 58.94. The company has a debt-to-equity ratio of 1.03, a quick ratio of 0.75 and a current ratio of 0.98. The firm has a fifty day moving average of $74.47 and a 200-day moving average of $71.32.

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

Aura Minerals Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, May 26th. Shareholders of record on Tuesday, May 19th were given a $0.78 dividend. This represents a $3.12 annualized dividend and a yield of 4.9%. The ex-dividend date was Tuesday, May 19th. This is a boost from Aura Minerals’s previous quarterly dividend of $0.66. Aura Minerals’s dividend payout ratio is 288.89%.

Insider Buying and Selling at Aura Minerals

In related news, Director Mauad Bruno Sousa acquired 2,800 shares of the stock in a transaction on Wednesday, June 3rd. The stock was purchased at an average price of $64.95 per share, for a total transaction of $181,860.00. Following the transaction, the director owned 437,765 shares of the company’s stock, valued at $28,432,836.75. The trade was a 0.64% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, COO Luvizotto Glauber Rosa sold 6,323 shares of the firm’s stock in a transaction dated Monday, June 22nd. The shares were sold at an average price of $65.22, for a total transaction of $412,386.06. Following the completion of the sale, the chief operating officer owned 434,305 shares of the company’s stock, valued at $28,325,372.10. The trade was a 1.43% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 301,715 shares of company stock worth $24,033,822.

Institutional Inflows and Outflows

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

About Aura Minerals

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.