Aura Minerals Inc. (AUGO) – What Are Brokerages Saying About This Stock?

Shares of Aura Minerals Inc. (NASDAQ:AUGO) have earned an average rating of “Moderate Buy” from the seven analysts that are currently covering the company, Marketbeat.com reports. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is $86.95.

Several brokerages have recently issued reports on AUGO. Zacks Research raised shares of Aura Minerals from a “strong sell” rating to a “hold” rating in a report on Monday, September 7th. JPMorgan Chase & Co. dropped their price objective on Aura Minerals from $104.50 to $91.00 and set an “overweight” rating on the stock in a research note on Thursday, July 16th. Scotiabank assumed coverage on Aura Minerals in a report on Thursday, September 17th. They set a “sector outperform” rating and a $110.00 target price on the stock. Weiss Ratings raised Aura Minerals from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, October 30th. Finally, Santander downgraded Aura Minerals from an “outperform” rating to a “neutral” rating in a report on Monday, August 31st.

Aura Minerals Price Performance

Shares of NASDAQ AUGO opened at $77.82 on Monday. Aura Minerals has a 52-week low of $33.16 and a 52-week high of $110.32. The company has a debt-to-equity ratio of 1.08, a quick ratio of 1.07 and a current ratio of 1.30. The stock has a market cap of $6.52 billion, a P/E ratio of 15.38, a P/E/G ratio of 0.22 and a beta of 0.82. The firm has a 50 day moving average price of $82.50 and a 200 day moving average price of $75.89.

Aura Minerals (NASDAQ:AUGO) last posted its earnings results on Tuesday, June 30th. The company reported $2.57 earnings per share for the quarter. The company had revenue of $335.97 million for the quarter. Aura Minerals had a net margin of 30.01% and a return on equity of 103.57%. Analysts expect that Aura Minerals will post 6.11 EPS for the current year.

Aura Minerals Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 27th. Investors of record on Wednesday, November 18th will be paid a dividend of $0.72 per share. This represents a $2.88 dividend on an annualized basis and a yield of 3.7%. The ex-dividend date of this dividend is Wednesday, November 18th. Aura Minerals’s dividend payout ratio is presently 56.92%.

Insider Transactions at Aura Minerals

In other Aura Minerals news, Director Mauad Sousa sold 166,000 shares of the firm’s stock in a transaction that occurred on Tuesday, September 22nd. The shares were sold at an average price of $90.65, for a total transaction of $15,047,900.00. Following the sale, the director directly owned 1,041 shares in the company, valued at approximately $94,366.65. This trade represents a 99.38% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Over the last three months, insiders purchased 263,011 shares of company stock worth $22,662,070 and sold 1,458,065 shares worth $125,361,752.

Institutional Investors Weigh In On Aura Minerals

Several large investors have recently made changes to their positions in AUGO. Jennison Associates LLC bought a new position in Aura Minerals in the first quarter valued at $50,378,000. Bank of America Corp DE increased its stake in Aura Minerals by 42.5% in the 1st quarter. Bank of America Corp DE now owns 977,212 shares of the company’s stock valued at $79,740,000 after buying an additional 291,623 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its position in Aura Minerals by 125.1% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 321,582 shares of the company’s stock worth $26,241,000 after buying an additional 178,730 shares in the last quarter. Andra AP fonden bought a new stake in Aura Minerals during the 2nd quarter worth about $10,550,000. Finally, Robeco Institutional Asset Management B.V. boosted its stake in shares of Aura Minerals by 145.7% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 129,709 shares of the company’s stock worth $10,206,000 after buying an additional 76,910 shares during the last quarter.

Aura Minerals Company Profile