Aura Minerals (NASDAQ:AUGO) COO Sells $5,189,982.60 in Stock

Aura Minerals Inc. (NASDAQ:AUGO) COO Luvizotto Glauber Rosa sold 64,713 shares of the company’s stock in a transaction on Wednesday, August 19th. The shares were sold at an average price of $80.20, for a total value of $5,189,982.60. Following the completion of the sale, the chief operating officer owned 224,515 shares in the company, valued at $18,006,103. This represents a 22.37% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Monday, August 17th, Luvizotto Glauber Rosa sold 1,400 shares of Aura Minerals stock. The stock was sold at an average price of $80.00, for a total value of $112,000.00.
• On Monday, August 10th, Luvizotto Glauber Rosa sold 50,000 shares of Aura Minerals stock. The shares were sold at an average price of $75.02, for a total transaction of $3,751,000.00.
• 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 transaction 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 transaction of $1,240,022.30.
• On Friday, June 26th, Luvizotto Glauber Rosa sold 22,367 shares of Aura Minerals stock. The stock was sold at an average price of $65.27, for a total transaction of $1,459,894.09.
• On Monday, June 22nd, Luvizotto Glauber Rosa sold 6,323 shares of Aura Minerals stock. The shares were sold at an average price of $65.22, for a total transaction of $412,386.06.

Aura Minerals Trading Up 0.7%

Shares of AUGO traded up $0.57 on Friday, hitting $87.26. 1,105,878 shares of the stock traded hands, compared to its average volume of 990,311. The company has a quick ratio of 0.82, a current ratio of 1.06 and a debt-to-equity ratio of 0.82. The firm has a market capitalization of $7.31 billion and a P/E ratio of 24.65. The stock’s 50 day moving average is $63.40 and its two-hundred day moving average is $73.37. Aura Minerals Inc. has a 1 year low of $27.16 and a 1 year high of $110.32.

Aura Minerals (NASDAQ:AUGO) last released its 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 business had revenue of $335.97 million for the quarter. As a group, sell-side analysts predict that Aura Minerals Inc. will post 5.55 earnings per share for the current year.

Aura Minerals Cuts Dividend

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

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the stock. Triumph Capital Management raised its stake in shares of Aura Minerals by 32.4% in the 2nd quarter. Triumph Capital Management now owns 596 shares of the company’s stock valued at $38,000 after purchasing an additional 146 shares in the last quarter. Navellier & Associates Inc. acquired a new position in Aura Minerals in the second quarter worth about $495,000. Public Employees Retirement System of Ohio bought a new stake in Aura Minerals in the second quarter valued at about $961,000. Wealth High Governance Capital Ltda bought a new stake in Aura Minerals in the first quarter valued at about $4,298,000. Finally, Wealth High Governance Asset Management Ltda. acquired a new stake in Aura Minerals during the first quarter valued at approximately $3,645,000.

Wall Street Analysts Forecast Growth

AUGO has been the topic of a number of recent analyst reports. Zacks Research lowered shares of Aura Minerals from a “hold” rating to a “strong sell” rating in a report on Tuesday, July 28th. 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 research note on Thursday, July 16th. Bank of America dropped their target price on Aura Minerals from $122.00 to $94.00 and set a “buy” rating on the stock in a research report on Thursday, July 9th. Weiss Ratings raised Aura Minerals from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, August 7th. Finally, Wall Street Zen lowered Aura Minerals from a “buy” rating to a “hold” rating in a research note on Saturday, August 8th. Three equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company 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.