Insider Selling: Aura Minerals (NASDAQ:AUGO) CFO Sells $165,280.00 in Stock

Aura Minerals Inc. (NASDAQ:AUGO) CFO Santos Cardoso Joao Kleber Dos sold 2,066 shares of the company’s stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $80.00, for a total value of $165,280.00. Following the transaction, the chief financial officer directly owned 106,045 shares in the company, valued at approximately $8,483,600. This trade represents a 1.91% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 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 Wednesday, August 19th, Santos Cardoso Joao Kleber Dos sold 7,934 shares of Aura Minerals stock. The shares were sold at an average price of $80.12, for a total transaction of $635,672.08.
• On Friday, August 7th, Santos Cardoso Joao Kleber Dos sold 10,000 shares of Aura Minerals stock. The shares were sold at an average price of $70.03, for a total transaction of $700,300.00.
• 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 Up 2.0%

Shares of NASDAQ:AUGO opened at $86.69 on Friday. The business’s 50 day moving average is $63.40 and its 200 day moving average is $73.37. Aura Minerals Inc. has a 12-month low of $26.98 and a 12-month high of $110.32. The stock has a market cap of $7.26 billion and a price-to-earnings ratio of 24.49. The company has a quick ratio of 0.82, a current ratio of 1.06 and a debt-to-equity ratio of 0.82.

Aura Minerals (NASDAQ:AUGO) last posted 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. On average, sell-side analysts forecast that Aura Minerals Inc. will post 5.55 earnings per share for the current fiscal year.

Aura Minerals Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 28th. Investors of record on Tuesday, August 18th will be paid a $0.72 dividend. This represents a $2.88 dividend on an annualized basis and a yield of 3.3%. The ex-dividend date is Tuesday, August 18th. Aura Minerals’s payout ratio is currently 81.36%.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on AUGO shares. JPMorgan Chase & Co. dropped their price objective on Aura Minerals from $104.50 to $91.00 and set an “overweight” rating on the stock in a report on Thursday, July 16th. Wall Street Zen lowered Aura Minerals from a “buy” rating to a “hold” rating in a report on Saturday, August 8th. Zacks Research cut 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 report on Friday, August 7th. Finally, Bank of America cut their price objective on shares of Aura Minerals from $122.00 to $94.00 and set a “buy” rating for the company in a research report 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 MarketBeat, Aura Minerals currently has an average rating of “Hold” and an average target price of $79.27.

Institutional Investors Weigh In On Aura Minerals

Hedge funds and other institutional investors have recently modified their holdings of the stock. Banque Cantonale Vaudoise bought a new stake in Aura Minerals in the 3rd quarter worth $108,000. Legal & General Group Plc bought a new position in shares of Aura Minerals during the third quarter valued at about $317,000. Van ECK Associates Corp bought a new position in shares of Aura Minerals during the third quarter valued at about $1,476,000. BNP Paribas Financial Markets purchased a new stake in shares of Aura Minerals during the third quarter worth about $145,000. Finally, Arrowstreet Capital Limited Partnership purchased a new stake in shares of Aura Minerals during the third quarter worth about $3,947,000.

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.