Aura Minerals Inc. $AUGO Holdings Trimmed by OMERS ADMINISTRATION Corp

OMERS ADMINISTRATION Corp reduced its position in shares of Aura Minerals Inc. (NASDAQ:AUGO) by 72.3% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,910 shares of the company’s stock after selling 10,200 shares during the quarter. OMERS ADMINISTRATION Corp’s holdings in Aura Minerals were worth $319,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Robeco Schweiz AG purchased a new position in shares of Aura Minerals during the fourth quarter valued at $13,108,000. Sagil Capital LLP purchased a new stake in Aura Minerals in the 4th quarter worth about $7,864,000. Robeco Institutional Asset Management B.V. acquired a new stake in Aura Minerals during the 4th quarter worth about $3,892,000. Hussman Strategic Advisors Inc. acquired a new stake in Aura Minerals during the 4th quarter worth about $1,286,000. Finally, Bleakley Financial Group LLC acquired a new stake in Aura Minerals during the 1st quarter worth about $2,100,000.

Aura Minerals Stock Down 4.2%

AUGO stock opened at $54.57 on Friday. The firm has a market cap of $4.57 billion and a PE ratio of 50.53. Aura Minerals Inc. has a 1 year low of $22.24 and a 1 year high of $110.32. The company has a fifty day simple moving average of $61.53 and a 200 day simple moving average of $72.46. The company has a current ratio of 0.98, a quick ratio of 0.75 and a debt-to-equity ratio of 1.03.

Aura Minerals (NASDAQ:AUGO) last posted its earnings results on Wednesday, May 6th. The company reported $1.13 earnings per share for the quarter. Aura Minerals had a return on equity of 111.96% and a net margin of 7.80%.The company had revenue of $382.61 million for the quarter. Sell-side analysts anticipate that Aura Minerals Inc. will post 5.55 EPS for the current fiscal year.

Aura Minerals Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, May 26th. Stockholders of record on Tuesday, May 19th were issued a dividend of $0.78 per share. The ex-dividend date of this dividend was Tuesday, May 19th. This represents a $3.12 dividend on an annualized basis and a dividend yield of 5.7%. This is a positive change from Aura Minerals’s previous quarterly dividend of $0.66. Aura Minerals’s payout ratio is currently 288.89%.

Insider Buying and Selling

In other Aura Minerals news, CFO Santos Cardoso Joao Kleber Dos sold 60,000 shares of the company’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 sale, the chief financial officer owned 118,111 shares of the company’s stock, valued at $7,316,976.45. This represents a 33.69% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Rodrigo Cardoso Barbosa sold 60,000 shares of the stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $81.43, for a total value of $4,885,800.00. Following the transaction, the chief executive officer owned 794,745 shares in the company, valued at approximately $64,716,085.35. This trade represents a 7.02% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 403,092 shares of company stock valued at $30,450,738 over the last 90 days.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the company. JPMorgan Chase & Co. dropped their target price on Aura Minerals from $104.50 to $91.00 and set an “overweight” rating on the stock in a report on Thursday, July 16th. Weiss Ratings cut shares of Aura Minerals from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday, June 29th. Bank of America decreased their price target 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. Wall Street Zen raised shares of Aura Minerals from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. Finally, Zacks Research lowered shares of Aura Minerals from a “hold” rating to a “strong sell” rating in a research note on Tuesday. Three research 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’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target 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.