Aura Minerals (NASDAQ:AUGO) Director Purchases 252,000 Shares of Stock

Aura Minerals Inc. (NASDAQ:AUGO) Director Mauad Bruno Sousa purchased 252,000 shares of Aura Minerals stock in a transaction dated Friday, August 28th. The shares were acquired at an average cost of $86.48 per share, with a total value of $21,792,960.00. Following the transaction, the director directly owned 417,356 shares in the company, valued at approximately $36,092,946.88. The trade was a 152.40% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Mauad Bruno Sousa also recently made the following trade(s):

• On Friday, August 28th, Mauad Bruno Sousa sold 157,500 shares of Aura Minerals stock. The stock was sold at an average price of $86.73, for a total value of $13,659,975.00.
• On Monday, August 24th, Mauad Bruno Sousa sold 120,757 shares of Aura Minerals stock. The shares were sold at an average price of $88.45, for a total transaction of $10,680,956.65.
• On Friday, August 21st, Mauad Bruno Sousa sold 222,652 shares of Aura Minerals stock. The stock was sold at an average price of $88.11, for a total transaction of $19,617,867.72.
• On Thursday, August 20th, Mauad Bruno Sousa sold 125,000 shares of Aura Minerals stock. The shares were sold at an average price of $86.00, for a total transaction of $10,750,000.00.
• On Wednesday, August 19th, Mauad Bruno Sousa sold 280,000 shares of Aura Minerals stock. The shares were sold at an average price of $81.67, for a total transaction of $22,867,600.00.
• On Monday, August 17th, Mauad Bruno Sousa bought 11,000 shares of Aura Minerals stock. The stock was purchased at an average cost of $78.93 per share, for a total transaction of $868,230.00.
• On Wednesday, June 3rd, Mauad Bruno Sousa acquired 2,800 shares of Aura Minerals stock. The stock was purchased at an average cost of $64.95 per share, for a total transaction of $181,860.00.

Aura Minerals Trading Down 5.4%

NASDAQ:AUGO traded down $4.54 during midday trading on Tuesday, hitting $79.04. 1,091,687 shares of the company traded hands, compared to its average volume of 1,030,077. The firm has a market capitalization of $6.62 billion, a P/E ratio of 19.67 and a beta of 0.25. The firm’s fifty day moving average is $66.60 and its 200-day moving average is $74.41. Aura Minerals Inc. has a 12-month low of $29.11 and a 12-month high of $110.32. 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 announced its earnings results on Tuesday, June 30th. The company reported $2.57 earnings per share for the quarter. The business had revenue of $335.97 million for the quarter. Aura Minerals had a net margin of 23.18% and a return on equity of 103.62%. On average, sell-side analysts predict that Aura Minerals Inc. will post 5.5 EPS for the current year.

Aura Minerals Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 28th. Shareholders of record on Tuesday, August 18th were paid a $0.72 dividend. The ex-dividend date of this dividend was Tuesday, August 18th. This represents a $2.88 annualized dividend and a yield of 3.6%. Aura Minerals’s dividend payout ratio (DPR) is presently 81.36%.

Analyst Ratings Changes

AUGO has been the topic of several recent analyst reports. Bank of America reduced their price target on Aura Minerals from $122.00 to $94.00 and set a “buy” rating on the stock in a report on Thursday, July 9th. Wall Street Zen upgraded Aura Minerals from a “hold” rating to a “buy” rating in a report on Saturday. Santander lowered Aura Minerals from an “outperform” rating to a “neutral” rating in a research note on Monday. 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. Finally, Weiss Ratings upgraded shares of Aura Minerals from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, August 7th. Three research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Aura Minerals has an average rating of “Hold” and an average price target of $79.27.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of AUGO. Triumph Capital Management increased its holdings in Aura Minerals by 32.4% during the 2nd quarter. Triumph Capital Management now owns 596 shares of the company’s stock worth $38,000 after purchasing an additional 146 shares during the period. Hollencrest Capital Management lifted its holdings in shares of Aura Minerals by 307.7% in the 4th quarter. Hollencrest Capital Management now owns 795 shares of the company’s stock worth $40,000 after buying an additional 600 shares during the period. Global Retirement Partners LLC bought a new position in shares of Aura Minerals during the 4th quarter worth $34,000. Virtus Advisers LLC grew its position in shares of Aura Minerals by 46.4% during the 4th quarter. Virtus Advisers LLC now owns 2,635 shares of the company’s stock worth $133,000 after buying an additional 835 shares in the last quarter. Finally, Quarry LP purchased a new position in shares of Aura Minerals during the third quarter valued at $37,000.

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.