Mauad Bruno Sousa Acquires 2,800 Shares of Aura Minerals (NASDAQ:AUGO) Stock

Aura Minerals Inc. (NASDAQ:AUGO) Director Mauad Bruno Sousa purchased 2,800 shares of Aura Minerals stock in a transaction dated Wednesday, June 3rd. The shares were purchased at an average cost of $64.95 per share, with a total value of $181,860.00. Following the acquisition, the director owned 437,765 shares of the company’s stock, valued at approximately $28,432,836.75. This trade represents a 0.64% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

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 Thursday, May 28th, Mauad Bruno Sousa sold 32,356 shares of Aura Minerals stock. The shares were sold at an average price of $76.98, for a total transaction of $2,490,764.88.
• 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 transaction of $3,222,336.80.

Aura Minerals Price Performance

NASDAQ AUGO opened at $64.23 on Thursday. The company has a 50-day moving average price of $83.93 and a two-hundred day moving average price of $68.37. Aura Minerals Inc. has a 52 week low of $22.24 and a 52 week high of $110.32. The stock has a market cap of $5.38 billion and a price-to-earnings ratio of 59.47. The company has a current ratio of 0.98, a quick ratio of 0.75 and a debt-to-equity ratio of 1.03.

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

Aura Minerals Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, May 26th. Shareholders of record on Tuesday, May 19th were given a dividend of $0.78 per share. This is a boost from Aura Minerals’s previous quarterly dividend of $0.66. The ex-dividend date was Tuesday, May 19th. This represents a $3.12 dividend on an annualized basis and a yield of 4.9%. Aura Minerals’s payout ratio is presently 288.89%.

Institutional Trading of Aura Minerals

A number of hedge funds and other institutional investors have recently modified their holdings of AUGO. Triumph Capital Management acquired a new stake in shares of Aura Minerals in the fourth quarter valued at $25,000. Global Retirement Partners LLC acquired a new position in Aura Minerals during the fourth quarter worth about $34,000. Hollencrest Capital Management raised its position in Aura Minerals by 307.7% in the fourth quarter. Hollencrest Capital Management now owns 795 shares of the company’s stock worth $40,000 after acquiring an additional 600 shares in the last quarter. Quarry LP bought a new stake in Aura Minerals in the third quarter worth about $37,000. Finally, Shell Asset Management Co. acquired a new stake in Aura Minerals in the 3rd quarter valued at about $43,000.

Analysts Set New Price Targets

AUGO has been the topic of a number of research analyst reports. JPMorgan Chase & Co. started coverage on Aura Minerals in a report on Wednesday, February 25th. They set an “overweight” rating and a $105.00 price target on the stock. Zacks Research lowered shares of Aura Minerals from a “strong-buy” rating to a “strong sell” rating in a research report on Monday, April 27th. Wall Street Zen raised 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 report on Thursday, May 21st. Four research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock 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.