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

Aura Minerals Inc. (NASDAQ:AUGO) Director Mauad Sousa sold 53,627 shares of the business’s stock in a transaction dated Wednesday, September 9th. The stock was 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 owned 125,031 shares in the company, valued at $10,828,934.91. This represents a 30.02% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

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

• On Tuesday, September 1st, Mauad Sousa acquired 1 shares of Aura Minerals stock. The stock was acquired at an average cost of $81.10 per share, for a total transaction of $81.10.
• On Monday, August 31st, Mauad Sousa sold 127,500 shares of Aura Minerals stock. The shares were sold at an average price of $81.20, for a total transaction of $10,353,000.00.
• On Monday, August 31st, Mauad Sousa bought 10 shares of Aura Minerals stock. The shares were acquired at an average price of $79.89 per share, with a total value 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 transaction of $13,659,975.00.
• On Friday, August 28th, Mauad Sousa purchased 252,000 shares of Aura Minerals stock. The stock was acquired at an average price of $86.48 per share, for a total transaction 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 transaction 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 shares were 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 stock was 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 stock was bought at an average cost of $78.93 per share, with a total value of $868,230.00.

Aura Minerals Stock Up 1.2%

Shares of NASDAQ:AUGO opened at $87.08 on Friday. 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 company has a market capitalization of $7.30 billion, a P/E ratio of 24.60 and a beta of 0.28. Aura Minerals Inc. has a 52-week low of $29.11 and a 52-week high of $110.32. The stock’s fifty day simple moving average is $70.65 and its 200-day simple moving average is $75.25.

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 return on equity of 103.62% and a net margin of 23.18%.The firm had revenue of $335.97 million during the quarter. As a group, equities research analysts forecast that Aura Minerals Inc. will post 5.38 earnings per share for the current fiscal year.

Aura Minerals Cuts Dividend

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

Institutional Trading of Aura Minerals

Institutional investors and hedge funds have recently modified their holdings of the business. Bank of America Corp DE boosted its holdings in shares of Aura Minerals by 42.5% in the 1st quarter. Bank of America Corp DE now owns 977,212 shares of the company’s stock valued at $79,740,000 after buying an additional 291,623 shares during the period. Sagil Capital LLP acquired a new stake in Aura Minerals during the fourth quarter worth about $7,864,000. Arrowstreet Capital Limited Partnership raised its stake in Aura Minerals by 125.1% during the first quarter. Arrowstreet Capital Limited Partnership now owns 321,582 shares of the company’s stock worth $26,241,000 after acquiring an additional 178,730 shares during the period. Bleakley Financial Group LLC bought a new position in Aura Minerals in the first quarter worth about $2,100,000. Finally, Winmill & CO. Inc. acquired a new position in Aura Minerals in the fourth quarter valued at approximately $1,765,000.

Wall Street Analysts Forecast Growth

Several analysts have commented on the stock. Zacks Research raised shares of Aura Minerals from a “strong sell” rating to a “hold” rating in a research note on Monday, September 7th. Weiss Ratings raised shares of Aura Minerals from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, August 7th. JPMorgan Chase & Co. reduced their price objective on Aura Minerals from $104.50 to $91.00 and set an “overweight” rating on the stock in a research note on Thursday, July 16th. Wall Street Zen lowered shares of Aura Minerals from a “buy” rating to a “hold” rating in a report on Sunday, September 6th. Finally, Santander lowered Aura Minerals from an “outperform” rating to a “neutral” rating in a research report on Monday, August 31st. Three investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $79.27.

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.