Aura Minerals (NASDAQ:AUGO) Director Mauad Bruno Sousa Sells 32,356 Shares

by · The Markets Daily

Aura Minerals Inc. (NASDAQ:AUGO – Get Free Report) Director Mauad Bruno Sousa sold 32,356 shares of the company’s stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $76.98, for a total value of $2,490,764.88. Following the transaction, the director directly owned 534,965 shares of the company’s stock, valued at $41,181,605.70. This represents a 5.70% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

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

  • On Friday, May 29th, Mauad Bruno Sousa sold 100,000 shares of Aura Minerals stock. The stock was sold at an average price of $77.48, for a total value of $7,748,000.00.
  • On Wednesday, May 27th, Mauad Bruno Sousa sold 9,652 shares of Aura Minerals stock. The stock was sold at an average price of $75.62, for a total value of $729,884.24.
  • On Tuesday, May 12th, Mauad Bruno Sousa sold 38,384 shares of Aura Minerals stock. The shares were sold at an average price of $83.95, for a total value of $3,222,336.80.

Aura Minerals Stock Down 6.4%

NASDAQ AUGO traded down $4.97 during trading hours on Monday, hitting $72.30. 789,468 shares of the company traded hands, compared to its average volume of 970,383. The business’s 50-day moving average is $83.70 and its 200-day moving average is $67.68. Aura Minerals Inc. has a twelve month low of $22.24 and a twelve month high of $110.32. The company has a debt-to-equity ratio of 1.03, a quick ratio of 0.75 and a current ratio of 0.98. The stock has a market capitalization of $6.06 billion and a price-to-earnings ratio of 66.95.

Aura Minerals (NASDAQ:AUGO – Get Free Report) last issued its quarterly earnings results on Wednesday, May 20th. The company reported $999.00 EPS for the quarter. Aura Minerals had a return on equity of 111.96% and a net margin of 7.80%. Sell-side analysts anticipate that Aura Minerals Inc. will post 10.08 earnings per share for the current year.

Aura Minerals Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, May 26th. Shareholders of record on Tuesday, May 19th were paid a $0.78 dividend. This is a positive change from Aura Minerals’s previous quarterly dividend of $0.66. This represents a $3.12 annualized dividend and a yield of 4.3%. The ex-dividend date was Tuesday, May 19th. Aura Minerals’s dividend payout ratio is currently 288.89%.

Hedge Funds Weigh In On Aura Minerals

A number of hedge funds have recently added to or reduced their stakes in the stock. Triumph Capital Management bought a new position in Aura Minerals during the 4th quarter worth $25,000. Hollencrest Capital Management increased its stake in Aura Minerals by 307.7% during the 4th quarter. Hollencrest Capital Management now owns 795 shares of the company’s stock worth $40,000 after acquiring an additional 600 shares during the period. Global Retirement Partners LLC bought a new position in Aura Minerals during the 4th quarter worth $34,000. Virtus Advisers LLC increased its stake in 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 acquiring an additional 835 shares during the period. Finally, Quarry LP bought a new position in Aura Minerals during the 3rd quarter worth $37,000.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on AUGO shares. Zacks Research lowered Aura Minerals from a “strong-buy” rating to a “strong sell” rating in a research note on Monday, April 27th. Wall Street Zen upgraded Aura Minerals from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. Weiss Ratings upgraded Aura Minerals from a “hold (c)” rating to a “buy (b-)” rating in a research note on Thursday, May 21st. Finally, JPMorgan Chase & Co. started coverage on Aura Minerals in a research note on Wednesday, February 25th. They set an “overweight” rating and a $105.00 target price on the stock. Four investment analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $67.60.

Check Out Our Latest Stock Analysis on Aura Minerals

About Aura Minerals

(Get Free Report)

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.

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