Aura Minerals (NASDAQ:AUGO) Director Sells 73,925 Shares of Stock

Aura Minerals Inc. (NASDAQ:AUGO) Director Mauad Sousa sold 73,925 shares of the business’s stock in a transaction on Thursday, September 17th. The shares were sold at an average price of $92.40, for a total transaction of $6,830,670.00. Following the sale, the director directly owned 12,109 shares of the company’s stock, valued at approximately $1,118,871.60. The trade was a 85.93% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

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

• On Friday, September 11th, Mauad Sousa sold 54,991 shares of Aura Minerals stock. The stock was sold at an average price of $87.40, for a total value of $4,806,213.40.
• On Wednesday, September 9th, Mauad Sousa sold 53,627 shares of Aura Minerals stock. The shares were sold at an average price of $86.61, for a total value of $4,644,634.47.
• On Tuesday, September 1st, Mauad Sousa purchased 1 shares of Aura Minerals stock. The shares were bought at an average cost of $81.10 per share, with a total value of $81.10.
• On Monday, August 31st, Mauad Sousa sold 127,500 shares of Aura Minerals stock. The stock was sold at an average price of $81.20, for a total value of $10,353,000.00.
• On Monday, August 31st, Mauad Sousa acquired 10 shares of Aura Minerals stock. The stock was bought at an average cost of $79.89 per share, for a total transaction of $798.90.
• On Friday, August 28th, Mauad Sousa sold 157,500 shares of Aura Minerals stock. The shares were sold at an average price of $86.73, for a total value of $13,659,975.00.
• On Friday, August 28th, Mauad Sousa acquired 252,000 shares of Aura Minerals stock. The shares were bought at an average price of $86.48 per share, with a total value of $21,792,960.00.
• On Monday, August 24th, Mauad Sousa sold 120,757 shares of Aura Minerals stock. The stock was sold at an average price of $88.45, for a total transaction of $10,680,956.65.
• On Friday, August 21st, Mauad Sousa sold 222,652 shares of Aura Minerals stock. The stock was sold at an average price of $88.11, for a total transaction of $19,617,867.72.
• On Thursday, August 20th, Mauad Sousa sold 125,000 shares of Aura Minerals stock. The shares were sold at an average price of $86.00, for a total transaction of $10,750,000.00.

Aura Minerals Price Performance

Shares of AUGO traded down $0.53 during mid-day trading on Friday, reaching $88.18. The stock had a trading volume of 1,507,608 shares, compared to its average volume of 994,157. The business has a fifty day moving average of $72.50 and a 200 day moving average of $75.27. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.82 and a current ratio of 1.06. The firm has a market cap of $7.39 billion, a price-to-earnings ratio of 24.91 and a beta of 0.28. Aura Minerals Inc. has a 12 month low of $29.11 and a 12 month high of $110.32.

Aura Minerals (NASDAQ:AUGO) last released its earnings results on Tuesday, June 30th. The company reported $2.57 earnings per share for the quarter. The company 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%. Equities analysts predict that Aura Minerals Inc. will post 5.45 EPS for the current year.

Aura Minerals Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 28th. Stockholders of record on Tuesday, August 18th were given a $0.72 dividend. This represents a $2.88 annualized dividend and a dividend yield of 3.3%. The ex-dividend date was Tuesday, August 18th. Aura Minerals’s payout ratio is presently 81.36%.

Institutional Trading of Aura Minerals

A number of large investors have recently added to or reduced their stakes in the company. Tidal Investments LLC grew its holdings in shares of Aura Minerals by 56.7% in the second quarter. Tidal Investments LLC now owns 13,305 shares of the company’s stock valued at $838,000 after purchasing an additional 4,816 shares in the last quarter. Corient Private Wealth LP purchased a new stake in Aura Minerals during the second quarter valued at $446,000. Absolute Gestao de Investimentos Ltda. lifted its position in Aura Minerals by 1,379.1% during the second quarter. Absolute Gestao de Investimentos Ltda. now owns 55,467 shares of the company’s stock valued at $3,492,000 after purchasing an additional 51,717 shares during the last quarter. Triumph Capital Management lifted its position in Aura Minerals by 32.4% during the second quarter. Triumph Capital Management now owns 596 shares of the company’s stock valued at $38,000 after purchasing an additional 146 shares during the last quarter. Finally, Navellier & Associates Inc. purchased a new position in shares of Aura Minerals in the 2nd quarter worth $495,000.

Analyst Upgrades and Downgrades

AUGO has been the subject of several research analyst reports. Wall Street Zen cut Aura Minerals from a “buy” rating to a “hold” rating in a research report on Sunday, September 6th. JPMorgan Chase & Co. dropped their price target on Aura Minerals from $104.50 to $91.00 and set an “overweight” rating for the company in a research note on Thursday, July 16th. Scotiabank began coverage on shares of Aura Minerals in a report on Thursday. They set a “sector outperform” rating and a $110.00 price objective for the company. Santander cut shares of Aura Minerals from an “outperform” rating to a “neutral” rating in a research report on Monday, August 31st. Finally, Bank of America lowered 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. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, Aura Minerals presently has a consensus rating of “Moderate Buy” and an average target price of $86.95.

Aura Minerals Company Profile

Aura Minerals Inc is a mining company focused on the exploration, development, and production of precious and base metals. Its operations primarily produce gold, with copper and silver recovered as additional products from certain deposits. The company sells its output in the form of gold doré and metal concentrates.

Aura’s operating portfolio includes the Almas and Apoena gold operations in Brazil, the Aranzazu copper-gold-silver mine in Mexico, and the San Andrés gold mine in Honduras.