Aura Minerals (NASDAQ:AUGO) CFO Santos Cardoso Joao Kleber Dos Sells 7,934 Shares

Aura Minerals Inc. (NASDAQ:AUGO) CFO Santos Cardoso Joao Kleber Dos sold 7,934 shares of the firm’s stock in a transaction that occurred on Wednesday, August 19th. The shares were sold at an average price of $80.12, for a total transaction of $635,672.08. Following the sale, the chief financial officer directly owned 98,111 shares of the company’s stock, valued at $7,860,653.32. This trade represents a 7.48% decrease in their position. The sale was disclosed in a filing 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.

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

• On Monday, August 17th, Santos Cardoso Joao Kleber Dos sold 2,066 shares of Aura Minerals stock. The shares were sold at an average price of $80.00, for a total value of $165,280.00.
• On Friday, August 7th, Santos Cardoso Joao Kleber Dos sold 10,000 shares of Aura Minerals stock. The shares were 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 shares were sold at an average price of $61.95, for a total value of $3,717,000.00.

Aura Minerals Stock Up 2.0%

Aura Minerals stock opened at $86.69 on Friday. Aura Minerals Inc. has a 12 month low of $26.98 and a 12 month high of $110.32. The stock has a fifty day simple moving average of $63.40 and a two-hundred day simple moving average of $73.37. The company has a current ratio of 1.06, a quick ratio of 0.82 and a debt-to-equity ratio of 0.82. The firm has a market cap of $7.26 billion and a price-to-earnings ratio of 24.49.

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

Aura Minerals Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, August 28th. Shareholders of record on Tuesday, August 18th will be paid a dividend of $0.72 per share. The ex-dividend date is Tuesday, August 18th. This represents a $2.88 annualized dividend and a yield of 3.3%. Aura Minerals’s dividend payout ratio is currently 81.36%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of AUGO. Bank of America Corp DE increased its position in shares of Aura Minerals by 42.5% during the 1st quarter. Bank of America Corp DE now owns 977,212 shares of the company’s stock valued at $79,740,000 after purchasing an additional 291,623 shares during the last quarter. SPX Gestao de Recursos Ltda grew its position 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 buying an additional 71,289 shares during the period. Marshall Wace LLP grew its position in Aura Minerals by 32.7% during the fourth quarter. Marshall Wace LLP now owns 623,662 shares of the company’s stock valued at $31,439,000 after buying an additional 153,828 shares during the period. Jennison Associates LLC purchased a new stake in Aura Minerals during the first quarter valued at approximately $50,378,000. Finally, William Blair Investment Management LLC increased its holdings in Aura Minerals by 9.3% during the fourth quarter. William Blair Investment Management LLC now owns 496,303 shares of the company’s stock valued at $25,021,000 after buying an additional 42,091 shares during the last quarter.

Analysts Set New Price Targets

A number of analysts have recently issued reports on AUGO shares. JPMorgan Chase & Co. dropped their price target on shares of Aura Minerals from $104.50 to $91.00 and set an “overweight” rating on the stock in a report on Thursday, July 16th. Wall Street Zen downgraded shares of Aura Minerals from a “buy” rating to a “hold” rating in a research report on Saturday, August 8th. Weiss Ratings upgraded shares of Aura Minerals from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, August 7th. Zacks Research cut shares of Aura Minerals from a “hold” rating to a “strong sell” rating in a report on Tuesday, July 28th. Finally, Bank of America cut their target price on shares of Aura Minerals from $122.00 to $94.00 and set a “buy” rating for the company in a research report on Thursday, July 9th. 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 stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $79.27.

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.