Luvizotto Glauber Rosa Sells 64,713 Shares of Aura Minerals (NASDAQ:AUGO) Stock

Aura Minerals Inc. (NASDAQ:AUGO) COO Luvizotto Glauber Rosa sold 64,713 shares of the company’s stock in a transaction that occurred on Wednesday, August 19th. The shares were sold at an average price of $80.20, for a total value of $5,189,982.60. Following the sale, the chief operating officer directly owned 224,515 shares in the company, valued at approximately $18,006,103. This represents a 22.37% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible 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 17th, Luvizotto Glauber Rosa sold 1,400 shares of Aura Minerals stock. The stock was sold at an average price of $80.00, for a total value of $112,000.00.
• On Monday, August 10th, Luvizotto Glauber Rosa sold 50,000 shares of Aura Minerals stock. The stock was sold at an average price of $75.02, for a total transaction of $3,751,000.00.
• On Friday, August 7th, Luvizotto Glauber Rosa sold 50,000 shares of Aura Minerals stock. The shares were sold at an average price of $70.10, for a total transaction 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 transaction of $1,240,022.30.
• On Friday, June 26th, Luvizotto Glauber Rosa sold 22,367 shares of Aura Minerals stock. The stock was sold at an average price of $65.27, for a total transaction of $1,459,894.09.
• On Monday, June 22nd, Luvizotto Glauber Rosa sold 6,323 shares of Aura Minerals stock. The stock was 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 up $0.57 during midday trading on Friday, hitting $87.26. The company’s stock had a trading volume of 1,105,878 shares, compared to its average volume of 990,311. Aura Minerals Inc. has a 1-year low of $27.16 and a 1-year high of $110.32. The firm’s fifty day moving average price is $63.40 and its 200-day moving average price is $73.37. 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 firm has a market cap of $7.31 billion and a P/E ratio of 24.65.

Aura Minerals (NASDAQ:AUGO) last released its quarterly earnings data on Tuesday, June 30th. The company reported $2.57 earnings per share for the quarter. Aura Minerals had a net margin of 23.18% and a return on equity of 103.62%. The firm had revenue of $335.97 million for the quarter. On average, sell-side analysts forecast 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. Stockholders of record on Tuesday, August 18th will be issued a dividend of $0.72 per share. The ex-dividend date of this dividend is Tuesday, August 18th. This represents a $2.88 annualized dividend and a dividend yield of 3.3%. Aura Minerals’s dividend payout ratio is 81.36%.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on AUGO shares. Weiss Ratings raised Aura Minerals from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, August 7th. Bank of America dropped their target price on Aura Minerals from $122.00 to $94.00 and set a “buy” rating on the stock in a research report on Thursday, July 9th. Wall Street Zen cut Aura Minerals from a “buy” rating to a “hold” rating in a research note on Saturday, August 8th. JPMorgan Chase & Co. reduced their price target on shares of Aura Minerals from $104.50 to $91.00 and set an “overweight” rating for the company in a report on Thursday, July 16th. Finally, Zacks Research lowered shares of Aura Minerals from a “hold” rating to a “strong sell” rating in a research report on Tuesday, July 28th. Three investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $79.27.

Hedge Funds Weigh In On Aura Minerals

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