Mauad Bruno Sousa Sells 100,000 Shares of Aura Minerals (NASDAQ:AUGO) Stock

Aura Minerals Inc. (NASDAQ:AUGO) Director Mauad Bruno Sousa sold 100,000 shares of Aura Minerals stock in a transaction dated Friday, May 29th. The shares were sold at an average price of $77.48, for a total value of $7,748,000.00. Following the transaction, the director directly owned 434,965 shares in the company, valued at approximately $33,701,088.20. This trade represents a 18.69% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

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

• 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 transaction of $2,490,764.88.
• On Wednesday, May 27th, Mauad Bruno Sousa sold 9,652 shares of Aura Minerals stock. The stock was sold at an average price of $75.62, for a total transaction 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 transaction of $3,222,336.80.

Aura Minerals Stock Down 5.9%

Aura Minerals stock opened at $68.04 on Wednesday. Aura Minerals Inc. has a twelve month low of $22.24 and a twelve month high of $110.32. The company has a debt-to-equity ratio of 1.03, a quick ratio of 0.75 and a current ratio of 0.98. The firm has a market cap of $5.70 billion and a PE ratio of 63.00. The firm’s 50 day moving average price is $83.81 and its two-hundred day moving average price is $67.94.

Aura Minerals (NASDAQ:AUGO) last posted its quarterly earnings results on Wednesday, May 20th. The company reported $999.00 EPS for the quarter. Aura Minerals had a net margin of 7.80% and a return on equity of 111.96%. On average, research analysts predict that Aura Minerals Inc. will post 10.08 EPS for the current fiscal year.

Aura Minerals Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, May 26th. Shareholders of record on Tuesday, May 19th were given a $0.78 dividend. This represents a $3.12 annualized dividend and a yield of 4.6%. The ex-dividend date of this dividend was Tuesday, May 19th. This is an increase from Aura Minerals’s previous quarterly dividend of $0.66. Aura Minerals’s payout ratio is currently 288.89%.

Analyst Ratings Changes

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

Institutional Trading of Aura Minerals

Large investors have recently modified their holdings of the company. Triumph Capital Management bought a new position in Aura Minerals in the 4th quarter worth $25,000. Global Retirement Partners LLC bought a new stake in Aura Minerals during the fourth quarter valued at about $34,000. Hollencrest Capital Management grew its position in shares of Aura Minerals by 307.7% in the fourth quarter. Hollencrest Capital Management now owns 795 shares of the company’s stock valued at $40,000 after purchasing an additional 600 shares during the last quarter. Quarry LP acquired a new stake in shares of Aura Minerals in the third quarter valued at about $37,000. Finally, Shell Asset Management Co. bought a new position in shares of Aura Minerals in the third quarter worth about $43,000.

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.