Aura Minerals (NASDAQ:AUGO) Director Mauad Bruno Sousa Sells 53,627 Shares of Stock

Aura Minerals Inc. (NASDAQ:AUGO) Director Mauad Sousa sold 53,627 shares of the company’s stock in a transaction dated Wednesday, September 9th. The shares were sold at an average price of $86.61, for a total transaction of $4,644,634.47. Following the completion of the sale, the director directly owned 125,031 shares in the company, valued at approximately $10,828,934.91. The trade was a 30.02% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this link.

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

• On Tuesday, September 1st, Mauad Sousa purchased 1 shares of Aura Minerals stock. The shares were acquired at an average price of $81.10 per share, with a total value of $81.10.
• On Monday, August 31st, Mauad Sousa sold 127,500 shares of Aura Minerals stock. The stock was sold at an average price of $81.20, for a total value of $10,353,000.00.
• On Monday, August 31st, Mauad Sousa acquired 10 shares of Aura Minerals stock. The stock was acquired at an average price of $79.89 per share, for a total transaction of $798.90.
• On Friday, August 28th, Mauad Sousa sold 157,500 shares of Aura Minerals stock. The shares were sold at an average price of $86.73, for a total value of $13,659,975.00.
• On Friday, August 28th, Mauad Sousa acquired 252,000 shares of Aura Minerals stock. The stock was acquired at an average cost of $86.48 per share, with a total value of $21,792,960.00.
• On Monday, August 24th, Mauad Sousa sold 120,757 shares of Aura Minerals stock. The stock was sold at an average price of $88.45, for a total value of $10,680,956.65.
• On Friday, August 21st, Mauad Sousa sold 222,652 shares of Aura Minerals stock. The stock was sold at an average price of $88.11, for a total value of $19,617,867.72.
• On Thursday, August 20th, Mauad Sousa sold 125,000 shares of Aura Minerals stock. The stock was sold at an average price of $86.00, for a total value of $10,750,000.00.
• On Wednesday, August 19th, Mauad Sousa sold 280,000 shares of Aura Minerals stock. The shares were sold at an average price of $81.67, for a total value of $22,867,600.00.
• On Monday, August 17th, Mauad Sousa purchased 11,000 shares of Aura Minerals stock. The shares were acquired at an average cost of $78.93 per share, with a total value of $868,230.00.

Aura Minerals Trading Up 0.8%

AUGO stock opened at $86.01 on Friday. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.06 and a quick ratio of 0.82. The company has a fifty day moving average price of $70.22 and a two-hundred day moving average price of $75.17. Aura Minerals Inc. has a one year low of $29.11 and a one year high of $110.32. The stock has a market cap of $7.21 billion, a price-to-earnings ratio of 24.30 and a beta of 0.28.

Aura Minerals (NASDAQ:AUGO) last released its quarterly earnings data on Tuesday, June 30th. The company reported $2.57 EPS for the quarter. The firm 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%. Equities analysts anticipate that Aura Minerals Inc. will post 5.38 EPS for the current year.

Aura Minerals Cuts Dividend

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

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on AUGO shares. Zacks Research upgraded shares of Aura Minerals from a “strong sell” rating to a “hold” rating in a research report on Monday. Wall Street Zen lowered Aura Minerals from a “buy” rating to a “hold” rating in a research note on Sunday, September 6th. Weiss Ratings raised Aura Minerals from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, August 7th. Santander downgraded Aura Minerals from an “outperform” rating to a “neutral” rating in a research note on Monday, August 31st. Finally, JPMorgan Chase & Co. decreased 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. Three analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $79.27.

Institutional Investors Weigh In On Aura Minerals

A number of large investors have recently bought and sold shares of the company. California State Teachers Retirement System bought a new stake in shares of Aura Minerals during the 2nd quarter worth $86,494,000. Jennison Associates LLC bought a new position in Aura Minerals in the first quarter valued at about $50,378,000. Bank of America Corp DE bought a new position in Aura Minerals in the third quarter valued at about $17,623,000. Marshall Wace LLP acquired a new position in Aura Minerals during the third quarter worth about $17,483,000. Finally, Amundi raised its stake in Aura Minerals by 319.9% during the fourth quarter. Amundi now owns 428,436 shares of the company’s stock worth $21,600,000 after acquiring an additional 326,403 shares in the last quarter.

About Aura Minerals

Aura Minerals Inc is a mining company focused on the exploration, development, and production of precious and base metals. Its operations primarily produce gold, with copper and silver recovered as additional products from certain deposits. The company sells its output in the form of gold doré and metal concentrates.

Aura’s operating portfolio includes the Almas and Apoena gold operations in Brazil, the Aranzazu copper-gold-silver mine in Mexico, and the San Andrés gold mine in Honduras.