Mauad Bruno Sousa Acquires 11,000 Shares of Aura Minerals (NASDAQ:AUGO) Stock

Aura Minerals Inc. (NASDAQ:AUGO) Director Mauad Bruno Sousa purchased 11,000 shares of the stock in a transaction that occurred on Monday, August 17th. The shares were purchased at an average price of $78.93 per share, with a total value of $868,230.00. Following the completion of the acquisition, the director directly owned 448,765 shares in the company, valued at $35,421,021.45. The trade was a 2.51% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Mauad Bruno Sousa also recently made the following trade(s):

• On Wednesday, June 3rd, Mauad Bruno Sousa acquired 2,800 shares of Aura Minerals stock. The shares were purchased at an average cost of $64.95 per share, with a total value of $181,860.00.
• 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 stock was sold at an average price of $76.98, for a total value 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 value of $729,884.24.

Aura Minerals Price Performance

Shares of Aura Minerals stock opened at $85.00 on Thursday. The company has a quick ratio of 0.82, a current ratio of 1.06 and a debt-to-equity ratio of 0.82. Aura Minerals Inc. has a 52 week low of $26.70 and a 52 week high of $110.32. The company has a market cap of $7.12 billion and a PE ratio of 24.01. The business has a 50 day moving average of $62.80 and a 200 day moving average of $73.21.

Aura Minerals (NASDAQ:AUGO) last posted its earnings results on Tuesday, June 30th. The company reported $2.57 EPS for the quarter. The firm had revenue of $335.97 million during the quarter. Aura Minerals had a net margin of 23.18% and a return on equity of 103.62%. As a group, equities research analysts forecast that Aura Minerals Inc. will post 5.55 earnings per share for the current year.

Aura Minerals Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 28th. Investors of record on Tuesday, August 18th will be given a dividend of $0.72 per share. This represents a $2.88 dividend on an annualized basis and a yield of 3.4%. The ex-dividend date of this dividend is Tuesday, August 18th. Aura Minerals’s dividend payout ratio (DPR) is 81.36%.

Analysts Set New Price Targets

AUGO has been the subject of several recent analyst reports. JPMorgan Chase & Co. decreased their target price on shares of Aura Minerals from $104.50 to $91.00 and set an “overweight” rating for the company in a report on Thursday, July 16th. Wall Street Zen cut shares of Aura Minerals from a “buy” rating to a “hold” rating in a report on Saturday, August 8th. Weiss Ratings upgraded shares of Aura Minerals from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, August 7th. Bank of America dropped their target price on shares of Aura Minerals from $122.00 to $94.00 and set a “buy” rating on the stock in a report on Thursday, July 9th. Finally, Zacks Research lowered shares of Aura Minerals from a “hold” rating to a “strong sell” rating in a research note on Tuesday, July 28th. Three investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Aura Minerals currently has a consensus rating of “Hold” and an average price target of $79.27.

Institutional Trading of Aura Minerals

Institutional investors and hedge funds have recently modified their holdings of the company. Triumph Capital Management bought a new stake in Aura Minerals during the fourth quarter valued at about $25,000. Global Retirement Partners LLC purchased a new position in Aura Minerals during the 4th quarter valued at approximately $34,000. Quarry LP purchased a new position in Aura Minerals during the 3rd quarter valued at approximately $37,000. Hollencrest Capital Management increased its stake in Aura Minerals by 307.7% in the 4th quarter. Hollencrest Capital Management now owns 795 shares of the company’s stock worth $40,000 after acquiring an additional 600 shares during the last quarter. Finally, Banque Cantonale Vaudoise bought a new stake in Aura Minerals in the 3rd quarter worth approximately $108,000.

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.