Aura Minerals (NASDAQ:AUGO) CFO Santos Cardoso Joao Kleber Dos Sells 2,066 Shares of Stock

Aura Minerals Inc. (NASDAQ:AUGO) CFO Santos Cardoso Joao Kleber Dos sold 2,066 shares of the business’s stock in a transaction on Monday, August 17th. The shares were sold at an average price of $80.00, for a total transaction of $165,280.00. Following the sale, the chief financial officer directly owned 106,045 shares of the company’s stock, valued at approximately $8,483,600. The trade was a 1.91% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Santos Cardoso Joao Kleber Dos also recently made the following trade(s):

• On Friday, August 7th, Santos Cardoso Joao Kleber Dos sold 10,000 shares of Aura Minerals stock. The stock was sold at an average price of $70.03, for a total value of $700,300.00.
• On Tuesday, June 30th, Santos Cardoso Joao Kleber Dos sold 60,000 shares of Aura Minerals stock. The stock was sold at an average price of $61.95, for a total value of $3,717,000.00.

Aura Minerals Price Performance

NASDAQ AUGO opened at $76.24 on Wednesday. The business’s fifty day moving average is $62.17 and its 200 day moving average is $73.13. Aura Minerals Inc. has a fifty-two week low of $26.63 and a fifty-two week high of $110.32. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.82 and a current ratio of 1.06. The company has a market capitalization of $6.39 billion and a PE ratio of 21.54.

Aura Minerals (NASDAQ:AUGO) last issued its quarterly earnings results 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 business had revenue of $335.97 million during the quarter. Sell-side analysts predict that Aura Minerals Inc. will post 5.55 earnings per share for the current year.

Aura Minerals Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, August 28th. Investors of record on Tuesday, August 18th will be issued a $0.72 dividend. This represents a $2.88 annualized dividend and a yield of 3.8%. The ex-dividend date of this dividend is Tuesday, August 18th. Aura Minerals’s dividend payout ratio is currently 88.14%.

Analysts Set New Price Targets

Several equities analysts have weighed in on the stock. 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. decreased their price objective on shares of Aura Minerals from $104.50 to $91.00 and set an “overweight” rating on the stock in a research report on Thursday, July 16th. Weiss Ratings upgraded shares of Aura Minerals from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, August 7th. Bank of America lowered their target price 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. Finally, Wall Street Zen lowered Aura Minerals from a “buy” rating to a “hold” rating in a research note on Saturday, August 8th. Three investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Aura Minerals has an average rating of “Hold” and a consensus target price of $79.27.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Public Employees Retirement System of Ohio purchased a new stake in Aura Minerals during the 2nd quarter valued at approximately $961,000. Wealth High Governance Capital Ltda purchased a new position in shares of Aura Minerals in the first quarter worth $4,298,000. Wealth High Governance Asset Management Ltda. bought a new position in shares of Aura Minerals during the first quarter worth $3,645,000. Rathbones Group PLC purchased a new position in Aura Minerals during the first quarter valued at $245,000. Finally, Bank of America Corp DE grew its stake in Aura Minerals by 42.5% during the first quarter. Bank of America Corp DE now owns 977,212 shares of the company’s stock valued at $79,740,000 after acquiring an additional 291,623 shares in the last quarter.

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.