Insider Selling: Aura Minerals (NASDAQ:AUGO) COO Sells $1,240,022.30 in Stock

Aura Minerals Inc. (NASDAQ:AUGO) COO Luvizotto Glauber Rosa sold 19,010 shares of the company’s stock in a transaction dated Thursday, July 2nd. The shares were sold at an average price of $65.23, for a total transaction of $1,240,022.30. Following the sale, the chief operating officer owned 390,628 shares of the company’s stock, valued at approximately $25,480,664.44. The trade was a 4.64% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Friday, June 26th, Luvizotto Glauber Rosa sold 22,367 shares of Aura Minerals stock. The stock was sold at an average price of $65.27, for a total value of $1,459,894.09.
• On Monday, June 22nd, Luvizotto Glauber Rosa sold 6,323 shares of Aura Minerals stock. The shares were sold at an average price of $65.22, for a total value of $412,386.06.

Aura Minerals Trading Down 5.6%

Shares of AUGO stock opened at $59.82 on Thursday. The stock has a market capitalization of $5.01 billion and a PE ratio of 55.39. Aura Minerals Inc. has a 1-year low of $22.24 and a 1-year high of $110.32. The business has a 50-day moving average of $69.86 and a 200 day moving average of $72.16. The company has a debt-to-equity ratio of 1.03, a current ratio of 0.98 and a quick ratio of 0.75.

Aura Minerals (NASDAQ:AUGO) last posted its quarterly earnings results on Wednesday, May 6th. The company reported $1.13 earnings per share (EPS) for the quarter. The business had revenue of $382.61 million for the quarter. Aura Minerals had a return on equity of 111.96% and a net margin of 7.80%. As a group, sell-side analysts anticipate that Aura Minerals Inc. will post 7.78 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 issued a $0.78 dividend. This is a positive change from Aura Minerals’s previous quarterly dividend of $0.66. This represents a $3.12 annualized dividend and a dividend yield of 5.2%. The ex-dividend date was Tuesday, May 19th. Aura Minerals’s dividend payout ratio (DPR) is 288.89%.

Analyst Ratings Changes

A number of research firms recently commented on AUGO. Weiss Ratings lowered shares of Aura Minerals from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday, June 29th. 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, Zacks Research raised shares of Aura Minerals from a “strong sell” rating to a “hold” rating in a research note on Monday, June 29th. Three analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $67.60.

Institutional Investors Weigh In On Aura Minerals

A number of large investors have recently modified their holdings of AUGO. Triumph Capital Management purchased a new position in shares of Aura Minerals during the fourth quarter valued at about $25,000. Global Retirement Partners LLC purchased a new stake in Aura Minerals in the fourth quarter worth about $34,000. Quarry LP bought a new stake in Aura Minerals during the 3rd quarter valued at approximately $37,000. Hollencrest Capital Management raised its position in shares of Aura Minerals by 307.7% in the 4th quarter. Hollencrest Capital Management now owns 795 shares of the company’s stock worth $40,000 after acquiring an additional 600 shares in the last quarter. Finally, Banque Cantonale Vaudoise purchased a new position in shares of Aura Minerals in the 3rd quarter valued at approximately $108,000.

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.