Healthcare of Ontario Pension Plan Trust Fund Acquires New Position in Aura Minerals Inc. $AUGO

Healthcare of Ontario Pension Plan Trust Fund bought a new position in shares of Aura Minerals Inc. (NASDAQ:AUGO) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 9,207 shares of the company’s stock, valued at approximately $751,000.

Several other institutional investors and hedge funds also recently made changes to their positions in AUGO. Triumph Capital Management acquired a new position in shares of Aura Minerals in the 4th quarter valued at $25,000. Global Retirement Partners LLC acquired a new stake in shares of Aura Minerals during the fourth quarter worth $34,000. Quarry LP acquired a new stake in shares of Aura Minerals during the third quarter worth $37,000. Hollencrest Capital Management increased its holdings in Aura Minerals by 307.7% in the fourth quarter. Hollencrest Capital Management now owns 795 shares of the company’s stock valued at $40,000 after purchasing an additional 600 shares during the last quarter. Finally, Banque Cantonale Vaudoise bought a new stake in Aura Minerals in the third quarter valued at about $108,000.

Aura Minerals Stock Performance

AUGO opened at $54.57 on Monday. Aura Minerals Inc. has a 52-week low of $22.24 and a 52-week high of $110.32. The firm has a market capitalization of $4.57 billion and a PE ratio of 50.53. The company has a debt-to-equity ratio of 1.03, a quick ratio of 0.75 and a current ratio of 0.98. The business’s 50-day simple moving average is $61.53 and its 200 day simple moving average is $72.57.

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

Aura Minerals Increases Dividend

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

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. JPMorgan Chase & Co. decreased their target price on Aura Minerals from $104.50 to $91.00 and set an “overweight” rating for the company in a research report on Thursday, July 16th. Bank of America decreased their price objective 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 upgraded shares of Aura Minerals from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. Weiss Ratings cut Aura Minerals from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday, June 29th. Finally, Zacks Research lowered Aura Minerals from a “hold” rating to a “strong sell” rating in a research report on Tuesday, July 28th. Three equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $79.27.

Insider Activity at Aura Minerals

In other news, CEO Rodrigo Cardoso Barbosa sold 60,000 shares of the business’s stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of $81.43, for a total transaction of $4,885,800.00. Following the completion of the sale, the chief executive officer owned 794,745 shares in the company, valued at $64,716,085.35. The trade was a 7.02% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Mauad Bruno Sousa sold 100,000 shares of the business’s stock in a transaction dated Friday, May 29th. The shares were sold at an average price of $77.48, for a total transaction of $7,748,000.00. Following the completion of the sale, the director directly owned 434,965 shares of the company’s stock, valued at approximately $33,701,088.20. The trade was a 18.69% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 403,092 shares of company stock valued at $30,450,738 in the last ninety days.

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.