Sagil Capital LLP Invests $7.86 Million in Aura Minerals Inc. $AUGO

Sagil Capital LLP bought a new position in Aura Minerals Inc. (NASDAQ:AUGO) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 155,992 shares of the company’s stock, valued at approximately $7,864,000. Aura Minerals makes up about 1.8% of Sagil Capital LLP’s holdings, making the stock its 7th largest position.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Global Retirement Partners LLC bought a new position in shares of Aura Minerals in the fourth quarter worth approximately $34,000. Quarry LP bought a new position in shares of Aura Minerals in the third quarter worth approximately $37,000. Shell Asset Management Co. bought a new position in shares of Aura Minerals in the third quarter worth approximately $43,000. Deutsche Bank AG bought a new position in shares of Aura Minerals in the fourth quarter worth approximately $119,000. Finally, Banque Cantonale Vaudoise bought a new position in shares of Aura Minerals in the third quarter worth approximately $108,000.

Aura Minerals Stock Up 6.2%

Shares of Aura Minerals stock opened at $56.58 on Friday. The company has a market cap of $4.74 billion and a price-to-earnings ratio of 52.39. The company’s 50 day moving average is $82.45 and its 200 day moving average is $69.36. Aura Minerals Inc. has a twelve month low of $22.24 and a twelve month high of $110.32. The company has a quick ratio of 0.75, a current ratio of 0.98 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 for the quarter. Aura Minerals had a net margin of 7.80% and a return on equity of 111.96%. Research analysts anticipate that Aura Minerals Inc. will post 10.08 EPS for the current year.

Aura Minerals Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, May 26th. Investors of record on Tuesday, May 19th were given a dividend of $0.78 per share. This represents a $3.12 dividend on an annualized basis and a yield of 5.5%. This is a positive change from Aura Minerals’s previous quarterly dividend of $0.66. The ex-dividend date was Tuesday, May 19th. Aura Minerals’s payout ratio is currently 288.89%.

Insider Buying and Selling

In related news, Director Mauad Bruno Sousa sold 100,000 shares of the stock in a transaction that occurred on Friday, May 29th. The shares were sold at an average price of $77.48, for a total transaction of $7,748,000.00. Following the transaction, the director owned 434,965 shares in the company, valued at $33,701,088.20. This represents a 18.69% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Rodrigo Cardoso Barbosa sold 60,000 shares of the stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $81.43, for a total transaction of $4,885,800.00. Following the transaction, the chief executive officer owned 794,745 shares in the company, valued at approximately $64,716,085.35. This trade represents a 7.02% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 310,392 shares of company stock worth $24,588,386.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on AUGO shares. Zacks Research downgraded shares of Aura Minerals from a “strong-buy” rating to a “strong sell” rating in a research note on Monday, April 27th. JPMorgan Chase & Co. started coverage on shares of Aura Minerals in a research note on Wednesday, February 25th. They issued an “overweight” rating and a $105.00 target price on the stock. Weiss Ratings downgraded shares of Aura Minerals from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, June 5th. Finally, Wall Street Zen upgraded shares of Aura Minerals from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. Three research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average price target of $67.60.

Aura Minerals 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.