Healthcare of Ontario Pension Plan Trust Fund bought a new stake in Aura Minerals Inc. (NASDAQ:AUGO – Free Report) in the 1st quarter, Holdings Channel reports. The institutional investor bought 9,207 shares of the company’s stock, valued at approximately $751,000.
Several other large investors have also made changes to their positions in the company. Triumph Capital Management acquired a new position in Aura Minerals during the fourth quarter valued at approximately $25,000. Global Retirement Partners LLC acquired a new stake in Aura Minerals in the fourth quarter valued at about $34,000. Quarry LP acquired a new stake in Aura Minerals in the third quarter valued at about $37,000. Hollencrest Capital Management grew its position in Aura Minerals by 307.7% in the fourth quarter. Hollencrest Capital Management now owns 795 shares of the company’s stock valued at $40,000 after acquiring an additional 600 shares during the last quarter. Finally, Banque Cantonale Vaudoise acquired a new position in Aura Minerals during the third quarter worth about $108,000.
Aura Minerals Price Performance
AUGO stock opened at $54.57 on Monday. The company has a market capitalization of $4.57 billion and a P/E ratio of 50.53. The company has a fifty day moving average price of $61.53 and a 200-day moving average price of $72.57. 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 Inc. has a 52-week low of $22.24 and a 52-week high of $110.32.
Aura Minerals Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Tuesday, May 26th. Shareholders of record on Tuesday, May 19th were issued a dividend of $0.78 per share. This represents a $3.12 annualized dividend and a yield of 5.7%. The ex-dividend date of this dividend was Tuesday, May 19th. This is a boost from Aura Minerals’s previous quarterly dividend of $0.66. Aura Minerals’s dividend payout ratio (DPR) is presently 288.89%.
Insider Buying and Selling
In related news, COO Luvizotto Glauber Rosa sold 19,010 shares of Aura Minerals stock in a transaction that occurred on Thursday, July 2nd. The stock was sold at an average price of $65.23, for a total value of $1,240,022.30. Following the transaction, the chief operating officer directly owned 390,628 shares of the company’s stock, valued at $25,480,664.44. The trade was a 4.64% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mauad Bruno Sousa bought 2,800 shares of Aura Minerals stock in a transaction that occurred on 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 acquisition, the director directly owned 437,765 shares of the company’s stock, valued at $28,432,836.75. The trade was a 0.64% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Over the last quarter, insiders have sold 403,092 shares of company stock worth $30,450,738.
Wall Street Analyst Weigh In
AUGO has been the topic of a number of research analyst reports. Bank of America reduced their price target on shares of Aura Minerals from $122.00 to $94.00 and set a “buy” rating on the stock in a research note on Thursday, July 9th. Wall Street Zen upgraded shares of Aura Minerals from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. Zacks Research downgraded shares of Aura Minerals from a “hold” rating to a “strong sell” rating in a report on Tuesday, July 28th. JPMorgan Chase & Co. cut 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. Finally, Weiss Ratings cut Aura Minerals from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday, June 29th. Three equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $79.27.
Check Out Our Latest Analysis on AUGO
About Aura Minerals
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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