Aura Minerals (NASDAQ:AUGO) CFO Sells $700,300.00 in Stock

Aura Minerals Inc. (NASDAQ:AUGO) CFO Santos Cardoso Joao Kleber Dos sold 10,000 shares of Aura Minerals stock in a transaction that occurred on Friday, August 7th. The stock was sold at an average price of $70.03, for a total value of $700,300.00. Following the completion of the transaction, the chief financial officer owned 108,111 shares of the company’s stock, valued at approximately $7,571,013.33. The trade was a 8.47% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Santos Cardoso Joao Kleber Dos also recently made the following trade(s):

• On Tuesday, June 30th, Santos Cardoso Joao Kleber Dos sold 60,000 shares of Aura Minerals stock. The shares were sold at an average price of $61.95, for a total value of $3,717,000.00.

Aura Minerals Stock Performance

AUGO stock opened at $77.53 on Thursday. The stock’s 50 day simple moving average is $60.92 and its 200 day simple moving average is $72.94. Aura Minerals Inc. has a 12-month low of $26.00 and a 12-month high of $110.32. The firm has a market cap of $6.50 billion and a P/E ratio of 21.90. The company has a current ratio of 1.06, a quick ratio of 0.82 and a debt-to-equity ratio of 0.82.

Aura Minerals (NASDAQ:AUGO) last released its quarterly earnings data on Tuesday, June 30th. The company reported $2.57 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 during the quarter. As a group, equities research analysts predict that Aura Minerals Inc. will post 5.55 EPS for the current year.

Aura Minerals Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 28th. Stockholders of record on Tuesday, August 18th will be given a $0.72 dividend. This represents a $2.88 dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date is Tuesday, August 18th. Aura Minerals’s dividend payout ratio (DPR) is presently 88.14%.

Wall Street Analyst Weigh In

AUGO has been the topic of several research reports. Zacks Research lowered shares of Aura Minerals from a “hold” rating to a “strong sell” rating in a research note on Tuesday, July 28th. Bank of America decreased their target price on Aura Minerals from $122.00 to $94.00 and set a “buy” rating for the company in a research note on Thursday, July 9th. JPMorgan Chase & Co. lowered their target price on Aura Minerals from $104.50 to $91.00 and set an “overweight” rating for the company in a report on Thursday, July 16th. Weiss Ratings upgraded Aura Minerals from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, August 7th. Finally, Wall Street Zen downgraded Aura Minerals from a “buy” rating to a “hold” rating in a report on Saturday, August 8th. Three research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $79.27.

Institutional Trading of Aura Minerals

A number of large investors have recently modified their holdings of AUGO. Bank of America Corp DE boosted its stake in Aura Minerals by 42.5% during the 1st quarter. Bank of America Corp DE now owns 977,212 shares of the company’s stock valued at $79,740,000 after purchasing an additional 291,623 shares during the period. SPX Gestao de Recursos Ltda increased its stake in shares of Aura Minerals by 8.8% in the fourth quarter. SPX Gestao de Recursos Ltda now owns 877,211 shares of the company’s stock valued at $44,225,000 after purchasing an additional 71,289 shares during the period. Marshall Wace LLP increased its stake in shares of Aura Minerals by 32.7% in the fourth quarter. Marshall Wace LLP now owns 623,662 shares of the company’s stock valued at $31,439,000 after purchasing an additional 153,828 shares during the period. Jennison Associates LLC bought a new stake in shares of Aura Minerals during the first quarter valued at approximately $50,378,000. Finally, William Blair Investment Management LLC raised its holdings in shares of Aura Minerals by 9.3% during the fourth quarter. William Blair Investment Management LLC now owns 496,303 shares of the company’s stock valued at $25,021,000 after buying an additional 42,091 shares during the last quarter.

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.