Aura Minerals (NASDAQ:AUGO) COO Sells 50,000 Shares of Stock

Aura Minerals Inc. (NASDAQ:AUGO) COO Luvizotto Glauber Rosa sold 50,000 shares of the firm’s stock in a transaction on Monday, August 10th. The shares were sold at an average price of $75.02, for a total transaction of $3,751,000.00. Following the transaction, the chief operating officer directly owned 290,628 shares of the company’s stock, valued at $21,802,912.56. The trade was a 14.68% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Luvizotto Glauber Rosa also recently made the following trade(s):

• On Friday, August 7th, Luvizotto Glauber Rosa sold 50,000 shares of Aura Minerals stock. The shares were sold at an average price of $70.10, for a total value of $3,505,000.00.
• On Thursday, July 2nd, Luvizotto Glauber Rosa sold 19,010 shares of Aura Minerals stock. The stock was sold at an average price of $65.23, for a total value of $1,240,022.30.
• On Friday, June 26th, Luvizotto Glauber Rosa sold 22,367 shares of Aura Minerals stock. The shares were sold at an average price of $65.27, for a total value of $1,459,894.09.
• On Monday, June 22nd, Luvizotto Glauber Rosa sold 6,323 shares of Aura Minerals stock. The stock was sold at an average price of $65.22, for a total value of $412,386.06.

Aura Minerals Trading Down 0.2%

Shares of Aura Minerals stock traded down $0.19 during midday trading on Tuesday, reaching $76.06. The company had a trading volume of 619,471 shares, compared to its average volume of 990,433. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.06 and a quick ratio of 0.82. Aura Minerals Inc. has a fifty-two week low of $26.00 and a fifty-two week high of $110.32. The stock has a fifty day moving average price of $60.49 and a 200 day moving average price of $72.81. The firm has a market cap of $6.37 billion and a PE ratio of 21.49.

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

Aura Minerals Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, August 28th. Shareholders of record on Tuesday, August 18th will be given a dividend of $0.72 per share. The ex-dividend date of this dividend is Tuesday, August 18th. This represents a $2.88 dividend on an annualized basis and a yield of 3.8%. Aura Minerals’s dividend payout ratio is 88.14%.

Analysts Set New Price Targets

Several equities research analysts recently commented on AUGO shares. Wall Street Zen lowered Aura Minerals from a “buy” rating to a “hold” rating in a research report on Saturday. JPMorgan Chase & Co. cut their price target on Aura Minerals from $104.50 to $91.00 and set an “overweight” rating on the stock in a report on Thursday, July 16th. Zacks Research downgraded shares of Aura Minerals from a “hold” rating to a “strong sell” rating in a research report on Tuesday, July 28th. Weiss Ratings raised shares of Aura Minerals from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday. Finally, 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 research note on Thursday, July 9th. Three equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Aura Minerals currently has an average rating of “Hold” and a consensus target price of $79.27.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Triumph Capital Management acquired a new position in shares of Aura Minerals during the fourth quarter valued at about $25,000. Global Retirement Partners LLC bought a new position in Aura Minerals in the 4th quarter valued at about $34,000. Quarry LP acquired a new position in Aura Minerals during the 3rd quarter valued at about $37,000. Hollencrest Capital Management boosted its stake in Aura Minerals by 307.7% during the 4th 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 during the 3rd quarter worth approximately $108,000.

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.