Mauad Bruno Sousa Sells 125,000 Shares of Aura Minerals (NASDAQ:AUGO) Stock

Aura Minerals Inc. (NASDAQ:AUGO) Director Mauad Bruno Sousa sold 125,000 shares of Aura Minerals stock in a transaction that occurred on Thursday, August 20th. The shares were sold at an average price of $86.00, for a total transaction of $10,750,000.00. Following the sale, the director owned 43,765 shares of the company’s stock, valued at approximately $3,763,790. The trade was a 74.07% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

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

• On Friday, August 21st, Mauad Bruno Sousa sold 222,652 shares of Aura Minerals stock. The stock was sold at an average price of $88.11, for a total transaction of $19,617,867.72.
• 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 bought at an average price of $78.93 per share, for a total transaction of $868,230.00.
• On Wednesday, June 3rd, Mauad Bruno Sousa acquired 2,800 shares of Aura Minerals stock. The shares were bought 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 stock was 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 value of $729,884.24.

Aura Minerals Trading Up 3.5%

NASDAQ AUGO opened at $90.47 on Wednesday. The stock’s 50-day simple moving average is $64.84 and its two-hundred day simple moving average is $73.90. Aura Minerals Inc. has a twelve month low of $27.77 and a twelve month high of $110.32. The company has a quick ratio of 0.82, a current ratio of 1.06 and a debt-to-equity ratio of 0.82. The company has a market capitalization of $7.58 billion and a price-to-earnings ratio of 25.56.

Aura Minerals (NASDAQ:AUGO) last issued 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 during the quarter. Research analysts forecast that Aura Minerals Inc. will post 5.5 EPS for the current fiscal 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 given a $0.72 dividend. The ex-dividend date is Tuesday, August 18th. This represents a $2.88 dividend on an annualized basis and a yield of 3.2%. Aura Minerals’s payout ratio is presently 81.36%.

Institutional Trading of Aura Minerals

Several large investors have recently modified their holdings of the business. Triumph Capital Management bought a new position in Aura Minerals during the 4th quarter valued at approximately $25,000. Global Retirement Partners LLC purchased a new stake in Aura Minerals in the 4th quarter worth approximately $34,000. Quarry LP bought a new stake in shares of Aura Minerals in the 3rd quarter worth approximately $37,000. Hollencrest Capital Management grew its position in shares of Aura Minerals by 307.7% in the 4th quarter. Hollencrest Capital Management now owns 795 shares of the company’s stock worth $40,000 after buying an additional 600 shares during the last quarter. Finally, Banque Cantonale Vaudoise purchased a new position in shares of Aura Minerals during the third quarter valued at approximately $108,000.

Analysts Set New Price Targets

A number of research analysts have commented on AUGO shares. Zacks Research cut shares of Aura Minerals from a “hold” rating to a “strong sell” rating in a research report on Tuesday, July 28th. Wall Street Zen lowered shares of Aura Minerals from a “buy” rating to a “hold” rating in a report on Saturday, August 8th. Bank of America cut their price objective on shares of Aura Minerals from $122.00 to $94.00 and set a “buy” rating for the company in a research note on Thursday, July 9th. JPMorgan Chase & Co. reduced their target price 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. Finally, 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. Three 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 presently 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.