1,620,102 Shares in Aura Minerals Inc. $AUGO Acquired by Capital World Investors

Capital World Investors purchased a new position in Aura Minerals Inc. (NASDAQ:AUGO) during the 3rd quarter, HoldingsChannel reports. The institutional investor purchased 1,620,102 shares of the company’s stock, valued at approximately $60,284,000.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Shell Asset Management Co. bought a new stake in shares of Aura Minerals during the third quarter valued at approximately $43,000. Banque Cantonale Vaudoise bought a new position in shares of Aura Minerals in the 3rd quarter worth $108,000. State of Wyoming bought a new position in shares of Aura Minerals in the 3rd quarter worth $164,000. Diversified Trust Co acquired a new stake in Aura Minerals in the 3rd quarter valued at $216,000. Finally, Legal & General Group Plc acquired a new stake in Aura Minerals in the 3rd quarter valued at $317,000.

Aura Minerals Stock Performance

NASDAQ:AUGO opened at $80.11 on Friday. Aura Minerals Inc. has a 52 week low of $15.00 and a 52 week high of $90.19. The company has a 50-day moving average price of $69.67. The company has a debt-to-equity ratio of 1.17, a quick ratio of 0.75 and a current ratio of 0.97. The stock has a market cap of $6.69 billion and a price-to-earnings ratio of -76.30.

Aura Minerals Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, March 18th. Investors of record on Wednesday, March 11th will be given a dividend of $0.66 per share. This represents a $2.64 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date of this dividend is Wednesday, March 11th. Aura Minerals’s dividend payout ratio (DPR) is presently -251.43%.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on AUGO shares. Weiss Ratings restated a “hold (c)” rating on shares of Aura Minerals in a report on Monday, December 29th. Wall Street Zen cut shares of Aura Minerals from a “strong-buy” rating to a “buy” rating in a report on Sunday, February 22nd. The Goldman Sachs Group boosted their target price on shares of Aura Minerals from $46.60 to $52.80 and gave the stock a “buy” rating in a research report on Wednesday, December 3rd. Zacks Research upgraded shares of Aura Minerals from a “hold” rating to a “strong-buy” rating in a report on Monday, March 2nd. Finally, JPMorgan Chase & Co. initiated coverage on shares of Aura Minerals in a research report on Wednesday, February 25th. They issued an “overweight” rating and a $105.00 price target on the stock. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Buy” and an average 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.