Aura Minerals (NASDAQ:AUGO) COO Luvizotto Glauber Rosa Sells 6,323 Shares of Stock

Aura Minerals Inc. (NASDAQ:AUGO) COO Luvizotto Glauber Rosa sold 6,323 shares of the stock in a transaction that occurred on Monday, June 22nd. The shares were sold at an average price of $65.22, for a total transaction of $412,386.06. Following the completion of the transaction, the chief operating officer directly owned 434,305 shares of the company’s stock, valued at $28,325,372.10. The trade was a 1.43% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Aura Minerals Stock Down 5.9%

NASDAQ:AUGO opened at $57.89 on Thursday. The company has a market cap of $4.85 billion and a PE ratio of 53.60. Aura Minerals Inc. has a twelve month low of $22.24 and a twelve month high of $110.32. The company has a current ratio of 0.98, a quick ratio of 0.75 and a debt-to-equity ratio of 1.03. The company’s 50 day moving average is $77.08 and its two-hundred day moving average is $70.87.

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

Aura Minerals Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, May 26th. Investors of record on Tuesday, May 19th were given a $0.78 dividend. This represents a $3.12 annualized dividend and a dividend yield of 5.4%. 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. Aura Minerals’s payout ratio is currently 288.89%.

Institutional Investors Weigh In On Aura Minerals

Several hedge funds and other institutional investors have recently added to or reduced their stakes in AUGO. Triumph Capital Management acquired a new position in shares of Aura Minerals in the 4th quarter valued at about $25,000. Global Retirement Partners LLC acquired a new stake in Aura Minerals during the fourth quarter worth about $34,000. Quarry LP acquired a new stake in Aura Minerals during the third quarter worth about $37,000. Hollencrest Capital Management raised its position in Aura Minerals by 307.7% during the fourth quarter. Hollencrest Capital Management now owns 795 shares of the company’s stock valued at $40,000 after acquiring an additional 600 shares in the last quarter. Finally, Banque Cantonale Vaudoise purchased a new position in Aura Minerals during the third quarter valued at approximately $108,000.

Analyst Upgrades and Downgrades

A number of analysts have commented on the company. Wall Street Zen raised Aura Minerals from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. Weiss Ratings lowered Aura Minerals from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, June 5th. Zacks Research cut Aura Minerals from a “strong-buy” rating to a “strong sell” rating in a research note on Monday, April 27th. Finally, JPMorgan Chase & Co. began coverage on Aura Minerals in a report on Wednesday, February 25th. They set an “overweight” rating and a $105.00 target price for the company. Three research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Aura Minerals has an average rating of “Hold” and an average 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.