Aura Minerals (NASDAQ:AUGO) Director Mauad Bruno Sousa Purchases 252,000 Shares

Aura Minerals Inc. (NASDAQ:AUGO) Director Mauad Bruno Sousa acquired 252,000 shares of the firm’s stock in a transaction dated Friday, August 28th. The stock was purchased at an average cost of $86.48 per share, with a total value of $21,792,960.00. Following the transaction, the director owned 417,356 shares in the company, valued at approximately $36,092,946.88. This trade represents a 152.40% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink.

Mauad Bruno Sousa also recently made the following trade(s):

• On Friday, August 28th, Mauad Bruno Sousa sold 157,500 shares of Aura Minerals stock. The shares were sold at an average price of $86.73, for a total value of $13,659,975.00.
• On Monday, August 24th, Mauad Bruno Sousa sold 120,757 shares of Aura Minerals stock. The stock was sold at an average price of $88.45, for a total transaction of $10,680,956.65.
• On Friday, August 21st, Mauad Bruno Sousa sold 222,652 shares of Aura Minerals stock. The shares were sold at an average price of $88.11, for a total value of $19,617,867.72.
• On Thursday, August 20th, Mauad Bruno Sousa sold 125,000 shares of Aura Minerals stock. The shares were sold at an average price of $86.00, for a total transaction of $10,750,000.00.
• On Wednesday, August 19th, Mauad Bruno Sousa sold 280,000 shares of Aura Minerals stock. The stock was sold at an average price of $81.67, for a total transaction of $22,867,600.00.
• On Monday, August 17th, Mauad Bruno Sousa acquired 11,000 shares of Aura Minerals stock. The stock was acquired at an average price of $78.93 per share, with a total value of $868,230.00.
• On Wednesday, June 3rd, Mauad Bruno Sousa acquired 2,800 shares of Aura Minerals stock. The stock was acquired at an average cost of $64.95 per share, with a total value of $181,860.00.

Aura Minerals Stock Performance

Shares of NASDAQ:AUGO traded down $4.54 on Tuesday, reaching $79.04. 1,091,687 shares of the company’s stock were exchanged, compared to its average volume of 1,030,077. Aura Minerals Inc. has a twelve month low of $29.11 and a twelve month high of $110.32. The company has a fifty day moving average of $66.60 and a 200-day moving average of $74.41. The company has a market capitalization of $6.62 billion, a price-to-earnings ratio of 19.67 and a beta of 0.25. The company has a current ratio of 1.06, a quick ratio of 0.82 and a debt-to-equity ratio of 0.82.

Aura Minerals (NASDAQ:AUGO) last issued its quarterly earnings results on Tuesday, June 30th. The company reported $2.57 earnings per share (EPS) for the quarter. Aura Minerals had a return on equity of 103.62% and a net margin of 23.18%.The business had revenue of $335.97 million for the quarter. On average, research analysts predict that Aura Minerals Inc. will post 5.5 EPS for the current fiscal year.

Aura Minerals Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, August 28th. Shareholders of record on Tuesday, August 18th were given a $0.72 dividend. This represents a $2.88 dividend on an annualized basis and a yield of 3.6%. The ex-dividend date was Tuesday, August 18th. Aura Minerals’s payout ratio is currently 81.36%.

Institutional Trading of Aura Minerals

A number of hedge funds and other institutional investors have recently bought and sold shares of AUGO. Triumph Capital Management purchased a new stake in shares of Aura Minerals during the 4th quarter valued at $25,000. Global Retirement Partners LLC purchased a new stake in shares of Aura Minerals during the fourth quarter valued at approximately $34,000. Hollencrest Capital Management grew its holdings in 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 during the last quarter. Quarry LP purchased a new position in Aura Minerals during the 3rd quarter valued at about $37,000. Finally, Mark Sheptoff Financial Planning LLC purchased a new position in shares of Aura Minerals during the fourth quarter valued at approximately $118,000.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on AUGO shares. Bank of America reduced their price target on shares of Aura Minerals from $122.00 to $94.00 and set a “buy” rating on the stock in a research note on Thursday, July 9th. Weiss Ratings upgraded shares of Aura Minerals from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, August 7th. Santander cut Aura Minerals from an “outperform” rating to a “neutral” rating in a report on Monday. Wall Street Zen upgraded Aura Minerals from a “hold” rating to a “buy” rating in a report on Saturday. Finally, JPMorgan Chase & Co. cut their price target on Aura Minerals from $104.50 to $91.00 and set an “overweight” rating on the stock in a report on Thursday, July 16th. Three research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Aura Minerals presently has an average rating of “Hold” and an average target price of $79.27.

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.