U S Global Investors Inc. Makes New $3.72 Million Investment in Aura Minerals Inc. $AUGO

U S Global Investors Inc. acquired a new stake in Aura Minerals Inc. (NASDAQ:AUGO) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 100,000 shares of the company’s stock, valued at approximately $3,721,000. U S Global Investors Inc. owned approximately 0.12% of Aura Minerals at the end of the most recent quarter.

Separately, Ashoka WhiteOak Capital Pte Ltd acquired a new position in shares of Aura Minerals during the third quarter worth $874,000.

Aura Minerals Stock Down 0.8%

Shares of NASDAQ AUGO opened at $50.00 on Friday. The firm has a 50-day moving average price of $40.92. The firm has a market cap of $4.13 billion and a PE ratio of -84.75. The company has a current ratio of 1.12, a quick ratio of 0.83 and a debt-to-equity ratio of 2.68. Aura Minerals Inc. has a 52-week low of $11.69 and a 52-week high of $54.30.

Aura Minerals (NASDAQ:AUGO) last released its quarterly earnings results on Tuesday, November 4th. The company reported $0.07 EPS for the quarter, missing the consensus estimate of $0.97 by ($0.90). The firm had revenue of $247.83 million for the quarter. Aura Minerals had a positive return on equity of 93.74% and a negative net margin of 5.55%.The company’s revenue for the quarter was up 58.7% on a year-over-year basis.

Aura Minerals Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, November 21st. Investors of record on Monday, November 17th were given a $0.48 dividend. The ex-dividend date was Monday, November 17th. This represents a $1.92 annualized dividend and a yield of 3.8%. Aura Minerals’s dividend payout ratio is -325.42%.

Analysts Set New Price Targets

AUGO has been the topic of a number of analyst reports. Wall Street Zen cut Aura Minerals from a “strong-buy” rating to a “buy” rating in a research note on Saturday. Weiss Ratings reiterated a “hold (c)” rating on shares of Aura Minerals in a report on Monday, December 29th. Bank of America boosted their target price on Aura Minerals from $40.00 to $45.00 and gave the stock a “buy” rating in a research note on Thursday, October 16th. The Goldman Sachs Group upped their price target on Aura Minerals from $46.60 to $52.80 and gave the company a “buy” rating in a report on Wednesday, December 3rd. Finally, Zacks Research upgraded shares of Aura Minerals from a “hold” rating to a “strong-buy” rating in a research note on Thursday. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of $48.90.

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.