Aura Minerals (NASDAQ:AUGO) CEO Sells $658,200.00 in Stock

Aura Minerals Inc. (NASDAQ:AUGO) CEO Rodrigo Cardoso Barbosa sold 10,000 shares of the stock in a transaction dated Thursday, March 19th. The stock was sold at an average price of $65.82, for a total value of $658,200.00. Following the transaction, the chief executive officer directly owned 859,745 shares in the company, valued at approximately $56,588,415.90. The trade was a 1.15% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

Rodrigo Cardoso Barbosa also recently made the following trade(s):

• On Friday, March 20th, Rodrigo Cardoso Barbosa sold 5,000 shares of Aura Minerals stock. The shares were sold at an average price of $61.75, for a total value of $308,750.00.

Aura Minerals Stock Performance

NASDAQ AUGO opened at $71.49 on Thursday. The company has a debt-to-equity ratio of 1.17, a current ratio of 0.97 and a quick ratio of 0.75. The company has a market cap of $5.97 billion and a P/E ratio of -68.09. The stock has a 50-day moving average of $72.69 and a two-hundred day moving average of $51.31. Aura Minerals Inc. has a 1-year low of $15.00 and a 1-year high of $90.19.

Aura Minerals Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 18th. Investors of record on Wednesday, March 11th were issued a $0.66 dividend. The ex-dividend date was Wednesday, March 11th. This represents a $2.64 dividend on an annualized basis and a dividend yield of 3.7%. Aura Minerals’s payout ratio is -251.43%.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on AUGO. JPMorgan Chase & Co. assumed coverage on shares of Aura Minerals in a report on Wednesday, February 25th. They set an “overweight” rating and a $105.00 target price on the stock. Zacks Research upgraded shares of Aura Minerals from a “hold” rating to a “strong-buy” rating in a research note on Monday, March 2nd. Wall Street Zen lowered Aura Minerals from a “strong-buy” rating to a “buy” rating in a research report on Sunday, February 22nd. The Goldman Sachs Group increased their price objective on Aura Minerals from $46.60 to $52.80 and gave the company a “buy” rating in a research note on Wednesday, December 3rd. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Aura Minerals in a report on Monday, December 29th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of $67.60.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in AUGO. Triumph Capital Management purchased a new stake in shares of Aura Minerals in the 4th quarter valued at approximately $25,000. Global Retirement Partners LLC purchased a new stake in shares of Aura Minerals during the 4th quarter worth $34,000. Quarry LP purchased a new stake in shares of Aura Minerals during the 3rd quarter worth $37,000. Hollencrest Capital Management grew its stake 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 purchasing an additional 600 shares in the last quarter. Finally, Shell Asset Management Co. acquired a new position in shares of Aura Minerals during the third quarter worth $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.