Aura Minerals (NASDAQ:AUGO) Director Sells $4,644,634.47 in Stock

Aura Minerals Inc. (NASDAQ:AUGO) Director Mauad Sousa sold 53,627 shares of the business’s stock in a transaction on Wednesday, September 9th. The stock was sold at an average price of $86.61, for a total transaction of $4,644,634.47. Following the completion of the sale, the director owned 125,031 shares of the company’s stock, valued at $10,828,934.91. The trade was a 30.02% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

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

• On Tuesday, September 1st, Mauad Sousa bought 1 shares of Aura Minerals stock. The stock was purchased at an average price of $81.10 per share, for a total transaction of $81.10.
• On Monday, August 31st, Mauad Sousa sold 127,500 shares of Aura Minerals stock. The shares were sold at an average price of $81.20, for a total value of $10,353,000.00.
• On Monday, August 31st, Mauad Sousa acquired 10 shares of Aura Minerals stock. The stock was acquired at an average price of $79.89 per share, for a total transaction of $798.90.
• On Friday, August 28th, Mauad 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 Friday, August 28th, Mauad Sousa bought 252,000 shares of Aura Minerals stock. The stock was acquired at an average cost of $86.48 per share, for a total transaction of $21,792,960.00.
• On Monday, August 24th, Mauad Sousa sold 120,757 shares of Aura Minerals stock. The stock was sold at an average price of $88.45, for a total value of $10,680,956.65.
• On Friday, August 21st, Mauad 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 Sousa sold 125,000 shares of Aura Minerals stock. The stock was sold at an average price of $86.00, for a total transaction of $10,750,000.00.
• On Wednesday, August 19th, Mauad Sousa sold 280,000 shares of Aura Minerals stock. The shares were sold at an average price of $81.67, for a total transaction of $22,867,600.00.
• On Monday, August 17th, Mauad Sousa purchased 11,000 shares of Aura Minerals stock. The stock was bought at an average cost of $78.93 per share, with a total value of $868,230.00.

Aura Minerals Stock Performance

NASDAQ AUGO traded up $0.69 during midday trading on Thursday, hitting $86.01. The company had a trading volume of 1,290,053 shares, compared to its average volume of 889,434. The firm has a fifty day simple moving average of $69.81 and a two-hundred day simple moving average of $75.09. Aura Minerals Inc. has a fifty-two week low of $29.11 and a fifty-two week high of $110.32. The company has a quick ratio of 0.82, a current ratio of 1.06 and a debt-to-equity ratio of 0.82. The stock has a market cap of $7.21 billion, a price-to-earnings ratio of 20.08 and a beta of 0.28.

Aura Minerals (NASDAQ:AUGO) last announced its quarterly earnings data on Tuesday, June 30th. The company reported $2.57 EPS for the quarter. Aura Minerals had a net margin of 23.18% and a return on equity of 103.62%. The business had revenue of $335.97 million during the quarter. Equities analysts forecast that Aura Minerals Inc. will post 5.38 earnings per share for the current fiscal year.

Aura Minerals Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, August 28th. Shareholders of record on Tuesday, August 18th were issued a $0.72 dividend. The ex-dividend date of this dividend was Tuesday, August 18th. This represents a $2.88 annualized dividend and a yield of 3.3%. Aura Minerals’s dividend payout ratio is 81.36%.

Institutional Trading of Aura Minerals

Several large investors have recently made changes to their positions in AUGO. Banque Cantonale Vaudoise bought a new position in Aura Minerals in the third quarter valued at about $108,000. Legal & General Group Plc acquired a new position in Aura Minerals during the 3rd quarter worth approximately $317,000. Van ECK Associates Corp acquired a new position in shares of Aura Minerals during the third quarter worth $1,476,000. BNP Paribas Financial Markets bought a new position in shares of Aura Minerals in the 3rd quarter valued at $145,000. Finally, Arrowstreet Capital Limited Partnership acquired a new stake in shares of Aura Minerals during the 3rd quarter valued at $3,947,000.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the company. Santander lowered Aura Minerals from an “outperform” rating to a “neutral” rating in a research report on Monday, August 31st. Wall Street Zen downgraded Aura Minerals from a “buy” rating to a “hold” rating in a report on Sunday. Weiss Ratings upgraded Aura Minerals from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, August 7th. Bank of America decreased their target price on shares of Aura Minerals from $122.00 to $94.00 and set a “buy” rating for the company in a research report on Thursday, July 9th. Finally, JPMorgan Chase & Co. lowered their price target on Aura Minerals from $104.50 to $91.00 and set an “overweight” rating on the stock in a research report on Thursday, July 16th. Three equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target 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.