Aura Minerals (NASDAQ:AUGO) COO Sells 1,400 Shares of Stock

Aura Minerals Inc. (NASDAQ:AUGO) COO Luvizotto Glauber Rosa sold 1,400 shares of the company’s stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $80.00, for a total value of $112,000.00. Following the sale, the chief operating officer owned 289,228 shares of the company’s stock, valued at approximately $23,138,240. This trade represents a 0.48% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Luvizotto Glauber Rosa also recently made the following trade(s):

• On Monday, August 10th, Luvizotto Glauber Rosa sold 50,000 shares of Aura Minerals stock. The shares were sold at an average price of $75.02, for a total value of $3,751,000.00.
• On Friday, August 7th, Luvizotto Glauber Rosa sold 50,000 shares of Aura Minerals stock. The stock was sold at an average price of $70.10, for a total value of $3,505,000.00.
• On Thursday, July 2nd, Luvizotto Glauber Rosa sold 19,010 shares of Aura Minerals stock. The stock was sold at an average price of $65.23, for a total value of $1,240,022.30.
• On Friday, June 26th, Luvizotto Glauber Rosa sold 22,367 shares of Aura Minerals stock. The shares were sold at an average price of $65.27, for a total value of $1,459,894.09.
• On Monday, June 22nd, Luvizotto Glauber Rosa sold 6,323 shares of Aura Minerals stock. The shares were sold at an average price of $65.22, for a total transaction of $412,386.06.

Aura Minerals Stock Performance

Shares of NASDAQ:AUGO traded down $2.30 during trading on Tuesday, reaching $76.24. The stock had a trading volume of 559,741 shares, compared to its average volume of 978,957. The stock has a fifty day simple moving average of $61.78 and a two-hundred day simple moving average of $73.11. The company has a quick ratio of 0.82, a current ratio of 1.06 and a debt-to-equity ratio of 0.82. Aura Minerals Inc. has a 52 week low of $26.63 and a 52 week high of $110.32. The firm has a market capitalization of $6.39 billion and a price-to-earnings ratio of 21.54.

Aura Minerals (NASDAQ:AUGO) last posted its quarterly earnings data on Tuesday, June 30th. The company reported $2.57 earnings per share (EPS) for the quarter. Aura Minerals had a net margin of 23.18% and a return on equity of 103.62%. The business had revenue of $335.97 million during the quarter. As a group, analysts anticipate that Aura Minerals Inc. will post 5.55 earnings per share for the current fiscal year.

Aura Minerals Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, August 28th. Shareholders of record on Tuesday, August 18th will be issued a dividend of $0.72 per share. This represents a $2.88 dividend on an annualized basis and a yield of 3.8%. The ex-dividend date is Tuesday, August 18th. Aura Minerals’s dividend payout ratio is 81.36%.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Bank of America Corp DE lifted its stake in shares of Aura Minerals by 42.5% in the first 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. SPX Gestao de Recursos Ltda increased its stake in Aura Minerals by 8.8% during the fourth quarter. SPX Gestao de Recursos Ltda now owns 877,211 shares of the company’s stock valued at $44,225,000 after acquiring an additional 71,289 shares during the period. Marshall Wace LLP raised its holdings in Aura Minerals by 32.7% in the 4th quarter. Marshall Wace LLP now owns 623,662 shares of the company’s stock valued at $31,439,000 after acquiring an additional 153,828 shares in the last quarter. Jennison Associates LLC acquired a new position in Aura Minerals in the 1st quarter valued at approximately $50,378,000. Finally, William Blair Investment Management LLC raised its holdings in Aura Minerals by 9.3% in the 4th quarter. William Blair Investment Management LLC now owns 496,303 shares of the company’s stock valued at $25,021,000 after acquiring an additional 42,091 shares in the last quarter.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on AUGO shares. Zacks Research lowered Aura Minerals from a “hold” rating to a “strong sell” rating in a research note on Tuesday, July 28th. Wall Street Zen downgraded Aura Minerals from a “buy” rating to a “hold” rating in a research note on Saturday, August 8th. 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. Weiss Ratings raised Aura Minerals from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, August 7th. Finally, JPMorgan Chase & Co. cut their price target on Aura Minerals from $104.50 to $91.00 and set an “overweight” rating for the company in a report on Thursday, July 16th. Three analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $79.27.

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.