Mauad Bruno Sousa Sells 222,652 Shares of Aura Minerals (NASDAQ:AUGO) Stock

Aura Minerals Inc. (NASDAQ:AUGO) Director Mauad Bruno Sousa sold 222,652 shares of the stock in a transaction dated Friday, August 21st. The shares were sold at an average price of $88.11, for a total value of $19,617,867.72. Following the completion of the transaction, the director directly owned 71,113 shares in the company, valued at approximately $6,265,766.43. This represents a 75.79% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

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

• On Thursday, August 20th, Mauad Bruno Sousa sold 125,000 shares of Aura Minerals stock. The shares were sold at an average price of $86.00, for a total value of $10,750,000.00.
• On Wednesday, August 19th, Mauad Bruno Sousa sold 280,000 shares of Aura Minerals stock. The shares were sold at an average price of $81.67, for a total transaction of $22,867,600.00.
• On Monday, August 17th, Mauad Bruno Sousa purchased 11,000 shares of Aura Minerals stock. The shares were acquired at an average cost of $78.93 per share, with a total value of $868,230.00.
• On Wednesday, June 3rd, Mauad Bruno Sousa acquired 2,800 shares of Aura Minerals stock. The stock was acquired at an average price of $64.95 per share, for a total transaction 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 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.

Aura Minerals Stock Performance

AUGO traded up $3.10 during trading on Tuesday, hitting $90.47. The company’s stock had a trading volume of 694,536 shares, compared to its average volume of 987,971. 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 one year low of $27.77 and a one year high of $110.32. The firm has a market cap of $7.58 billion and a PE ratio of 25.56. The business’s 50 day simple moving average is $64.36 and its 200-day simple moving average is $73.71.

Aura Minerals (NASDAQ:AUGO) last issued its quarterly earnings results on Tuesday, June 30th. The company reported $2.57 earnings per share for the quarter. The business had revenue of $335.97 million for the quarter. Aura Minerals had a net margin of 23.18% and a return on equity of 103.62%. As a group, sell-side analysts predict that Aura Minerals Inc. will post 5.55 EPS for the current fiscal year.

Aura Minerals Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, August 28th. Shareholders of record on Tuesday, August 18th will be issued a dividend of $0.72 per share. This represents a $2.88 annualized dividend and a yield of 3.2%. The ex-dividend date of this dividend is Tuesday, August 18th. Aura Minerals’s payout ratio is currently 81.36%.

Institutional Investors Weigh In On Aura Minerals

Several institutional investors and hedge funds have recently modified their holdings of AUGO. Triumph Capital Management boosted its position in shares of Aura Minerals by 32.4% during the second quarter. Triumph Capital Management now owns 596 shares of the company’s stock worth $38,000 after acquiring an additional 146 shares during the last quarter. Hollencrest Capital Management increased its holdings in Aura Minerals by 307.7% in the 4th quarter. Hollencrest Capital Management now owns 795 shares of the company’s stock valued at $40,000 after acquiring an additional 600 shares during the last quarter. Global Retirement Partners LLC purchased a new stake in Aura Minerals in the 4th quarter worth $34,000. Virtus Advisers LLC lifted its stake in Aura Minerals by 46.4% in the 4th quarter. Virtus Advisers LLC now owns 2,635 shares of the company’s stock worth $133,000 after purchasing an additional 835 shares in the last quarter. Finally, Quarry LP bought a new position in shares of Aura Minerals during the 3rd quarter valued at about $37,000.

Analysts Set New Price Targets

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

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.