Mauad Bruno Sousa Sells 9,652 Shares of Aura Minerals (NASDAQ:AUGO) Stock

Aura Minerals Inc. (NASDAQ:AUGO) Director Mauad Bruno Sousa sold 9,652 shares of the company’s stock in a transaction that occurred on Wednesday, May 27th. The stock was sold at an average price of $75.62, for a total transaction of $729,884.24. Following the transaction, the director owned 567,321 shares of the company’s stock, valued at approximately $42,900,814.02. This represents a 1.67% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

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

• On Tuesday, May 12th, Mauad Bruno Sousa sold 38,384 shares of Aura Minerals stock. The stock was sold at an average price of $83.95, for a total transaction of $3,222,336.80.

Aura Minerals Price Performance

Aura Minerals stock opened at $77.27 on Friday. 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 company has a market capitalization of $6.47 billion and a PE ratio of 71.55. Aura Minerals Inc. has a 12 month low of $22.24 and a 12 month high of $110.32. The stock has a 50-day moving average price of $83.70 and a two-hundred day moving average price of $67.46.

Aura Minerals (NASDAQ:AUGO) last posted its earnings results on Wednesday, May 20th. The company reported $999.00 EPS for the quarter. Aura Minerals had a return on equity of 111.96% and a net margin of 7.80%. Analysts expect 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. Shareholders of record on Tuesday, May 19th were given a $0.78 dividend. This is a boost from Aura Minerals’s previous quarterly dividend of $0.66. This represents a $3.12 annualized dividend and a yield of 4.0%. The ex-dividend date was Tuesday, May 19th. Aura Minerals’s dividend payout ratio is 288.89%.

Hedge Funds Weigh In On Aura Minerals

A number of hedge funds have recently made changes to their positions in AUGO. Triumph Capital Management bought a new position in shares of Aura Minerals during the fourth quarter worth about $25,000. Global Retirement Partners LLC bought a new position in shares of Aura Minerals during the fourth quarter worth about $34,000. Quarry LP bought a new position in shares of Aura Minerals during the third quarter worth about $37,000. Hollencrest Capital Management raised its position in shares of Aura Minerals by 307.7% during the fourth quarter. Hollencrest Capital Management now owns 795 shares of the company’s stock worth $40,000 after acquiring an additional 600 shares during the last quarter. Finally, Shell Asset Management Co. bought a new position in shares of Aura Minerals during the third quarter worth about $43,000.

Wall Street Analysts Forecast Growth

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