OMERS ADMINISTRATION Corp Sells 10,200 Shares of Aura Minerals Inc. $AUGO

OMERS ADMINISTRATION Corp decreased its position in shares of Aura Minerals Inc. (NASDAQ:AUGO) by 72.3% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,910 shares of the company’s stock after selling 10,200 shares during the period. OMERS ADMINISTRATION Corp’s holdings in Aura Minerals were worth $319,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of AUGO. Triumph Capital Management acquired a new stake in shares of Aura Minerals in the fourth quarter valued at about $25,000. Global Retirement Partners LLC acquired a new position in shares of Aura Minerals during the 4th quarter worth about $34,000. Hollencrest Capital Management lifted its position in shares of 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 purchasing an additional 600 shares during the last quarter. Quarry LP acquired a new position in shares of Aura Minerals during the 3rd quarter worth about $37,000. Finally, Mark Sheptoff Financial Planning LLC bought a new stake in Aura Minerals during the 4th quarter valued at approximately $118,000.

Aura Minerals Price Performance

NASDAQ:AUGO opened at $54.57 on Friday. The company has a 50-day moving average of $61.53 and a 200-day moving average of $72.46. The company has a market capitalization of $4.57 billion and a price-to-earnings ratio of 50.53. Aura Minerals Inc. has a 52 week low of $22.24 and a 52 week 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.

Aura Minerals (NASDAQ:AUGO) last issued its earnings results on Wednesday, May 6th. The company reported $1.13 earnings per share for the quarter. The business had revenue of $382.61 million for the quarter. Aura Minerals had a net margin of 7.80% and a return on equity of 111.96%. As a group, equities research analysts anticipate that Aura Minerals Inc. will post 5.55 earnings per share for the current fiscal year.

Aura Minerals Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, May 26th. Shareholders of record on Tuesday, May 19th were paid a dividend of $0.78 per share. This is a positive change from Aura Minerals’s previous quarterly dividend of $0.66. This represents a $3.12 dividend on an annualized basis and a yield of 5.7%. The ex-dividend date was Tuesday, May 19th. Aura Minerals’s dividend payout ratio is 288.89%.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on AUGO. Bank of America lowered their target price 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, May 2nd. JPMorgan Chase & Co. reduced their price objective 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. Zacks Research downgraded shares of Aura Minerals from a “hold” rating to a “strong sell” rating in a research note on Tuesday. Finally, Weiss Ratings lowered shares of Aura Minerals from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday, June 29th. Three equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $79.27.

Insider Buying and Selling

In other Aura Minerals news, CFO Santos Cardoso Joao Kleber Dos sold 60,000 shares of Aura Minerals stock in a transaction that occurred on Tuesday, June 30th. The stock was sold at an average price of $61.95, for a total transaction of $3,717,000.00. Following the sale, the chief financial officer directly owned 118,111 shares of the company’s stock, valued at approximately $7,316,976.45. The trade was a 33.69% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mauad Bruno Sousa acquired 2,800 shares of the stock in a transaction dated Wednesday, June 3rd. The stock was bought at an average price of $64.95 per share, for a total transaction of $181,860.00. Following the completion of the purchase, the director owned 437,765 shares in the company, valued at approximately $28,432,836.75. This trade represents a 0.64% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders sold a total of 403,092 shares of company stock valued at $30,450,738 over the last ninety days.

Aura Minerals 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.