Sigma Planning Corp Invests $841,000 in Aura Minerals Inc. $AUGO

Sigma Planning Corp bought a new stake in Aura Minerals Inc. (NASDAQ:AUGO) during the first quarter, Holdings Channel.com reports. The fund bought 10,310 shares of the company’s stock, valued at approximately $841,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of AUGO. Triumph Capital Management bought a new position in shares of Aura Minerals in the 4th quarter worth $25,000. Global Retirement Partners LLC bought a new stake in shares of Aura Minerals during the 4th quarter worth $34,000. Quarry LP bought a new stake in shares of Aura Minerals during the 3rd quarter worth $37,000. Hollencrest Capital Management grew 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. Finally, Banque Cantonale Vaudoise bought a new position in Aura Minerals in the third quarter valued at $108,000.

Analyst Ratings Changes

A number of equities research analysts have weighed in on AUGO shares. Wall Street Zen upgraded Aura Minerals from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. JPMorgan Chase & Co. cut their price objective on Aura Minerals from $104.50 to $91.00 and set an “overweight” rating for the company in a report on Thursday. Bank of America reduced their price objective on Aura Minerals from $122.00 to $94.00 and set a “buy” rating on the stock in a research report on Thursday, July 9th. Weiss Ratings cut Aura Minerals from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday, June 29th. Finally, Zacks Research upgraded Aura Minerals from a “strong sell” rating to a “hold” rating in a research report on Monday, June 29th. Three investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $79.27.

Aura Minerals Stock Performance

NASDAQ AUGO opened at $50.22 on Monday. The company has a 50-day simple moving average of $65.99 and a two-hundred day simple moving average of $72.37. Aura Minerals Inc. has a 12-month low of $22.24 and a 12-month high of $110.32. The firm has a market cap of $4.21 billion and a price-to-earnings ratio of 46.50. 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 released its quarterly earnings data on Wednesday, May 6th. The company reported $1.13 EPS for the quarter. Aura Minerals had a return on equity of 111.96% and a net margin of 7.80%.The firm had revenue of $382.61 million for the quarter. On average, equities analysts forecast that Aura Minerals Inc. will post 6.57 EPS for the current year.

Aura Minerals Increases Dividend

The business also recently declared 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 annualized dividend and a yield of 6.2%. The ex-dividend date was Tuesday, May 19th. This is a positive change from Aura Minerals’s previous quarterly dividend of $0.66. Aura Minerals’s dividend payout ratio is 288.89%.

Insider Buying and Selling

In other news, CEO Rodrigo Cardoso Barbosa sold 60,000 shares of the stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of $81.43, for a total transaction of $4,885,800.00. Following the completion of the sale, the chief executive officer owned 794,745 shares of the company’s stock, valued at approximately $64,716,085.35. This represents a 7.02% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Santos Cardoso Joao Kleber Dos sold 60,000 shares of the firm’s stock in a transaction that occurred on Tuesday, June 30th. The stock was sold at an average price of $61.95, for a total transaction of $3,717,000.00. Following the completion of the transaction, the chief financial officer owned 118,111 shares in the company, valued at $7,316,976.45. This represents a 33.69% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 403,092 shares of company stock valued at $30,450,738 over the last quarter.

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.