Aura Minerals (NASDAQ:AUGO) CFO Santos Cardoso Joao Kleber Dos Sells 60,000 Shares of Stock

Aura Minerals Inc. (NASDAQ:AUGO) CFO Santos Cardoso Joao Kleber Dos sold 60,000 shares of Aura Minerals stock in a transaction dated Tuesday, June 30th. The shares were sold at an average price of $61.95, for a total transaction of $3,717,000.00. Following the completion of the transaction, the chief financial officer directly owned 118,111 shares of the company’s stock, valued at approximately $7,316,976.45. This trade represents a 33.69% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Aura Minerals Stock Down 3.7%

Aura Minerals stock opened at $60.62 on Thursday. The company has a debt-to-equity ratio of 1.03, a current ratio of 0.98 and a quick ratio of 0.75. The company’s 50-day moving average is $72.65 and its 200-day moving average is $71.57. The firm has a market capitalization of $5.08 billion and a PE ratio of 56.13. Aura Minerals Inc. has a fifty-two week low of $22.24 and a fifty-two week high of $110.32.

Aura Minerals (NASDAQ:AUGO) last issued its earnings results 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%. Sell-side analysts anticipate that Aura Minerals Inc. will post 7.78 earnings per share for the current year.

Aura Minerals Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, May 26th. Stockholders of record on Tuesday, May 19th were paid a dividend of $0.78 per share. The ex-dividend date was Tuesday, May 19th. This represents a $3.12 annualized dividend and a dividend yield of 5.1%. This is an increase from Aura Minerals’s previous quarterly dividend of $0.66. Aura Minerals’s dividend payout ratio is presently 288.89%.

Hedge Funds Weigh In On Aura Minerals

A number of large investors have recently made changes to their positions in AUGO. Triumph Capital Management acquired a new stake in Aura Minerals during the 4th quarter worth approximately $25,000. 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 valued at $40,000 after buying an additional 600 shares in the last quarter. Global Retirement Partners LLC bought a new position in Aura Minerals during the 4th quarter worth $34,000. Virtus Advisers LLC increased its position in Aura Minerals by 46.4% during the 4th quarter. Virtus Advisers LLC now owns 2,635 shares of the company’s stock worth $133,000 after buying an additional 835 shares during the period. Finally, Quarry LP acquired a new stake in shares of Aura Minerals during the third quarter worth $37,000.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on AUGO shares. Wall Street Zen upgraded Aura Minerals from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. Zacks Research raised shares of Aura Minerals from a “strong sell” rating to a “hold” rating in a research report on Monday. Finally, Weiss Ratings downgraded shares of Aura Minerals from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday. Three investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $67.60.

Aura Minerals Company Profile

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.