Insider Selling: Aura Minerals (NASDAQ:AUGO) Director Sells 9,652 Shares of Stock

Aura Minerals Inc. (NASDAQ:AUGO) Director Mauad Bruno Sousa sold 9,652 shares of the business’s stock in a transaction that occurred on Wednesday, May 27th. The shares were sold at an average price of $75.62, for a total transaction of $729,884.24. Following the transaction, the director directly owned 567,321 shares of the company’s stock, valued at $42,900,814.02. The trade was a 1.67% decrease in their ownership of the stock. The transaction was disclosed in a legal 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 shares were sold at an average price of $83.95, for a total transaction of $3,222,336.80.

Aura Minerals Stock Performance

Shares of AUGO traded up $1.42 during mid-day trading on Thursday, hitting $76.18. 395,349 shares of the company traded hands, compared to its average volume of 927,353. 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 stock has a 50-day moving average price of $83.66 and a two-hundred day moving average price of $67.09. Aura Minerals Inc. has a 1 year low of $22.24 and a 1 year high of $110.32. The stock has a market cap of $6.38 billion and a price-to-earnings ratio of 70.73.

Aura Minerals (NASDAQ:AUGO) last released its quarterly earnings data on Wednesday, May 20th. The company reported $999.00 earnings per share for the quarter. Aura Minerals had a net margin of 7.80% and a return on equity of 111.96%. Equities analysts anticipate that Aura Minerals Inc. will post 10.08 earnings per share for the current year.

Aura Minerals Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, May 26th. Stockholders of record on Tuesday, May 19th were issued a dividend of $0.78 per share. The ex-dividend date of this dividend was Tuesday, May 19th. This is a positive change from Aura Minerals’s previous quarterly dividend of $0.66. This represents a $3.12 annualized dividend and a dividend yield of 4.1%. Aura Minerals’s dividend payout ratio is presently 288.89%.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the stock. Triumph Capital Management bought a new position in shares of Aura Minerals in the fourth quarter worth approximately $25,000. Global Retirement Partners LLC purchased a new position in shares of Aura Minerals during the 4th quarter valued at $34,000. Quarry LP purchased a new position in shares of Aura Minerals during the 3rd quarter valued at $37,000. Hollencrest Capital Management lifted its stake in shares of Aura Minerals by 307.7% during the 4th quarter. Hollencrest Capital Management now owns 795 shares of the company’s stock valued at $40,000 after buying an additional 600 shares in the last quarter. Finally, Shell Asset Management Co. purchased a new position in shares of Aura Minerals during the 3rd quarter valued at $43,000.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on AUGO shares. Zacks Research cut shares of Aura Minerals from a “strong-buy” rating to a “strong sell” rating in a report on Monday, April 27th. JPMorgan Chase & Co. started coverage on shares of Aura Minerals in a research note on Wednesday, February 25th. They set an “overweight” rating and a $105.00 price target on the stock. Wall Street Zen upgraded shares of Aura Minerals from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. Finally, 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. Four analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat, Aura Minerals presently has an average rating of “Moderate Buy” and a consensus target price 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.