Aura Minerals (NASDAQ:AUGO) Director Mauad Bruno Sousa Purchases 2,800 Shares

Aura Minerals Inc. (NASDAQ:AUGO) Director Mauad Bruno Sousa purchased 2,800 shares of the business’s stock in a transaction that occurred on Wednesday, June 3rd. The stock was acquired at an average price of $64.95 per share, for a total transaction of $181,860.00. Following the purchase, the director owned 437,765 shares of the company’s stock, valued at approximately $28,432,836.75. This represents a 0.64% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

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

• On Friday, May 29th, Mauad Bruno Sousa sold 100,000 shares of Aura Minerals stock. The shares were sold at an average price of $77.48, for a total value of $7,748,000.00.
• On Thursday, May 28th, Mauad Bruno Sousa sold 32,356 shares of Aura Minerals stock. The stock was sold at an average price of $76.98, for a total value of $2,490,764.88.
• On Wednesday, May 27th, Mauad Bruno Sousa sold 9,652 shares of Aura Minerals stock. The shares were sold at an average price of $75.62, for a total value of $729,884.24.
• On Tuesday, May 12th, Mauad Bruno Sousa sold 38,384 shares of Aura Minerals stock. The shares were sold at an average price of $83.95, for a total value of $3,222,336.80.

Aura Minerals Stock Down 5.6%

AUGO stock opened at $64.23 on Thursday. The company has a current ratio of 0.98, a quick ratio of 0.75 and a debt-to-equity ratio of 1.03. The firm has a 50 day simple moving average of $83.93 and a 200-day simple moving average of $68.37. The company has a market capitalization of $5.38 billion and a P/E ratio of 59.47. Aura Minerals Inc. has a twelve month low of $22.24 and a twelve month high of $110.32.

Aura Minerals (NASDAQ:AUGO) last posted its quarterly 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%. On average, equities research analysts predict that Aura Minerals Inc. will post 10.08 earnings per share for the current fiscal year.

Aura Minerals Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, May 26th. Stockholders of record on Tuesday, May 19th were paid a $0.78 dividend. This is a boost from Aura Minerals’s previous quarterly dividend of $0.66. The ex-dividend date was Tuesday, May 19th. This represents a $3.12 dividend on an annualized basis and a dividend yield of 4.9%. Aura Minerals’s dividend payout ratio (DPR) is currently 288.89%.

Analyst Ratings Changes

Several analysts recently weighed in on AUGO shares. Zacks Research lowered Aura Minerals from a “strong-buy” rating to a “strong sell” rating in a report on Monday, April 27th. Weiss Ratings raised Aura Minerals from a “hold (c)” rating to a “buy (b-)” rating in a report on Thursday, May 21st. JPMorgan Chase & Co. started coverage on Aura Minerals in a report on Wednesday, February 25th. They issued an “overweight” rating and a $105.00 price target for the company. Finally, Wall Street Zen raised Aura Minerals from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. Four analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Aura Minerals currently has a consensus rating of “Moderate Buy” and an average price target of $67.60.

Institutional Investors Weigh In On Aura Minerals

Several institutional investors and hedge funds have recently bought and sold shares of AUGO. Triumph Capital Management acquired a new position in Aura Minerals in the fourth quarter valued at approximately $25,000. Global Retirement Partners LLC acquired a new stake in shares of Aura Minerals during the 4th quarter worth approximately $34,000. Quarry LP bought a new stake in shares of Aura Minerals in the 3rd quarter worth approximately $37,000. Hollencrest Capital Management lifted its holdings 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 purchasing an additional 600 shares during the last quarter. Finally, Shell Asset Management Co. acquired a new position in Aura Minerals during the 3rd quarter valued at approximately $43,000.

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.