Aura Minerals (NASDAQ:AUGO) Director Purchases $181,860.00 in Stock

Aura Minerals Inc. (NASDAQ:AUGO) Director Mauad Bruno Sousa purchased 2,800 shares of the firm’s stock in a transaction on Wednesday, June 3rd. The shares were acquired at an average price of $64.95 per share, for a total transaction of $181,860.00. Following the purchase, the director directly owned 437,765 shares of the company’s stock, valued at approximately $28,432,836.75. This represents a 0.64% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

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 transaction of $7,748,000.00.
• On Thursday, May 28th, Mauad Bruno Sousa sold 32,356 shares of Aura Minerals stock. The stock was sold at an average price of $76.98, for a total transaction of $2,490,764.88.
• 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 transaction 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 9.7%

NASDAQ AUGO opened at $60.40 on Friday. The company has a current ratio of 0.98, a quick ratio of 0.75 and a debt-to-equity ratio of 1.03. The stock’s 50 day moving average is $83.72 and its two-hundred day moving average is $68.53. The company has a market capitalization of $5.06 billion and a price-to-earnings ratio of 55.93. Aura Minerals Inc. has a 1-year low of $22.24 and a 1-year high of $110.32.

Aura Minerals (NASDAQ:AUGO) last released its quarterly earnings data on Wednesday, May 20th. The company reported $999.00 earnings per share for the quarter. Aura Minerals had a return on equity of 111.96% and a net margin of 7.80%. Equities analysts forecast that Aura Minerals Inc. will post 10.08 earnings per share for the current fiscal year.

Aura Minerals Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, May 26th. Stockholders of record on Tuesday, May 19th were paid a $0.78 dividend. The ex-dividend date was Tuesday, May 19th. This represents a $3.12 annualized dividend and a dividend yield of 5.2%. This is a boost from Aura Minerals’s previous quarterly dividend of $0.66. Aura Minerals’s dividend payout ratio is presently 288.89%.

Wall Street Analyst Weigh In

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

Institutional Trading of Aura Minerals

A number of hedge funds and other institutional investors have recently modified their holdings of AUGO. Capital World Investors acquired a new stake in shares of Aura Minerals in the third quarter valued at approximately $60,284,000. SPX Gestao de Recursos Ltda acquired a new stake in shares of Aura Minerals in the third quarter valued at approximately $29,988,000. JPMorgan Chase & Co. acquired a new stake in shares of Aura Minerals in the third quarter valued at approximately $27,097,000. Jennison Associates LLC acquired a new stake in shares of Aura Minerals in the first quarter valued at approximately $50,378,000. Finally, Bank of America Corp DE acquired a new stake in shares of Aura Minerals in the third quarter valued at approximately $17,623,000.

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.