Mauad Bruno Sousa Sells 222,652 Shares of Aura Minerals (NASDAQ:AUGO) Stock

Aura Minerals Inc. (NASDAQ:AUGO) Director Mauad Bruno Sousa sold 222,652 shares of the firm’s stock in a transaction that occurred on Friday, August 21st. The shares were sold at an average price of $88.11, for a total value of $19,617,867.72. Following the transaction, the director owned 71,113 shares of the company’s stock, valued at $6,265,766.43. This represents a 75.79% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Mauad Bruno Sousa also recently made the following trade(s):

• On Thursday, August 20th, Mauad Bruno Sousa sold 125,000 shares of Aura Minerals stock. The stock was sold at an average price of $86.00, for a total value of $10,750,000.00.
• On Wednesday, August 19th, Mauad Bruno Sousa sold 280,000 shares of Aura Minerals stock. The shares were sold at an average price of $81.67, for a total transaction of $22,867,600.00.
• On Monday, August 17th, Mauad Bruno Sousa acquired 11,000 shares of Aura Minerals stock. The shares were acquired at an average price of $78.93 per share, with a total value of $868,230.00.
• On Wednesday, June 3rd, Mauad Bruno Sousa acquired 2,800 shares of Aura Minerals stock. The stock was acquired at an average cost of $64.95 per share, with a total value of $181,860.00.
• On Friday, May 29th, Mauad Bruno Sousa sold 100,000 shares of Aura Minerals stock. The stock was sold at an average price of $77.48, for a total transaction of $7,748,000.00.
• On Thursday, May 28th, Mauad Bruno Sousa sold 32,356 shares of Aura Minerals stock. The shares were sold at an average price of $76.98, for a total transaction of $2,490,764.88.
• On Wednesday, May 27th, Mauad Bruno Sousa sold 9,652 shares of Aura Minerals stock. The shares were sold at an average price of $75.62, for a total transaction of $729,884.24.

Aura Minerals Trading Up 3.5%

Shares of NASDAQ:AUGO traded up $3.10 during trading on Tuesday, reaching $90.47. The company’s stock had a trading volume of 694,536 shares, compared to its average volume of 987,971. The stock has a market capitalization of $7.58 billion and a PE ratio of 25.56. Aura Minerals Inc. has a 12 month low of $27.77 and a 12 month high of $110.32. 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’s 50 day simple moving average is $64.36 and its two-hundred day simple moving average is $73.71.

Aura Minerals (NASDAQ:AUGO) last issued its quarterly earnings data on Tuesday, June 30th. The company reported $2.57 earnings per share for the quarter. Aura Minerals had a return on equity of 103.62% and a net margin of 23.18%.The company had revenue of $335.97 million for the quarter. On average, research 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. Stockholders of record on Tuesday, August 18th will be issued a $0.72 dividend. The ex-dividend date is Tuesday, August 18th. This represents a $2.88 dividend on an annualized basis and a dividend yield of 3.2%. Aura Minerals’s payout ratio is 81.36%.

Analysts Set New Price Targets

Several analysts recently weighed in on the company. JPMorgan Chase & Co. decreased their price target on 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 cut shares of Aura Minerals from a “buy” rating to a “hold” rating in a research report on Saturday, August 8th. Weiss Ratings raised shares of Aura Minerals from a “hold (c)” rating to a “hold (c+)” rating in a research note 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 for the company in a report on Thursday, July 9th. Finally, Zacks Research downgraded shares of Aura Minerals from a “hold” rating to a “strong sell” rating in a report on Tuesday, July 28th. Three analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Aura Minerals presently has a consensus rating of “Hold” and an average price target of $79.27.

Institutional Trading of Aura Minerals

A number of large investors have recently made changes to their positions in AUGO. Triumph Capital Management purchased a new position in Aura Minerals in the 4th quarter worth about $25,000. Global Retirement Partners LLC purchased a new stake in Aura Minerals in the 4th quarter valued at about $34,000. Quarry LP bought a new position in Aura Minerals in the 3rd quarter worth about $37,000. Hollencrest Capital Management increased its position in shares of Aura Minerals by 307.7% during the fourth quarter. Hollencrest Capital Management now owns 795 shares of the company’s stock worth $40,000 after acquiring an additional 600 shares during the period. Finally, Banque Cantonale Vaudoise bought a new stake in shares of Aura Minerals during the third quarter valued at approximately $108,000.

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.