Mauad Bruno Sousa Sells 32,356 Shares of Aura Minerals (NASDAQ:AUGO) Stock

Aura Minerals Inc. (NASDAQ:AUGO) Director Mauad Bruno Sousa sold 32,356 shares of the company’s stock in a transaction on Thursday, May 28th. The shares were sold at an average price of $76.98, for a total transaction of $2,490,764.88. Following the completion of the sale, the director directly owned 534,965 shares in the company, valued at $41,181,605.70. This trade represents a 5.70% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

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 stock was sold at an average price of $77.48, for a total transaction of $7,748,000.00.
• 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 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 value of $3,222,336.80.

Aura Minerals Stock Down 5.9%

Shares of AUGO opened at $68.04 on Wednesday. The company has a market capitalization of $5.70 billion and a price-to-earnings ratio of 63.00. Aura Minerals Inc. has a 52 week low of $22.24 and a 52 week high of $110.32. The stock’s 50-day moving average price is $83.81 and its 200-day moving average price is $67.94. The company has a quick ratio of 0.75, a current ratio of 0.98 and a debt-to-equity ratio of 1.03.

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

Aura Minerals Increases Dividend

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

Institutional Investors Weigh In On Aura Minerals

A number of institutional investors have recently added to or reduced their stakes in AUGO. Triumph Capital Management purchased a new stake in Aura Minerals in the 4th quarter worth $25,000. Global Retirement Partners LLC acquired a new position in Aura Minerals during the fourth quarter worth $34,000. Hollencrest Capital Management lifted its holdings in Aura Minerals by 307.7% during 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 in the last quarter. Quarry LP purchased a new position in Aura Minerals during the third quarter valued at $37,000. Finally, Shell Asset Management Co. acquired a new stake in shares of Aura Minerals in the third quarter valued at about $43,000.

Analysts Set New Price Targets

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

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.