Mauad Bruno Sousa Sells 73,925 Shares of Aura Minerals (NASDAQ:AUGO) Stock

Aura Minerals Inc. (NASDAQ:AUGO) Director Mauad Sousa sold 73,925 shares of Aura Minerals stock in a transaction dated Thursday, September 17th. The stock was sold at an average price of $92.40, for a total value of $6,830,670.00. Following the completion of the transaction, the director owned 12,109 shares of the company’s stock, valued at approximately $1,118,871.60. This represents a 85.93% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

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

• On Friday, September 11th, Mauad Sousa sold 54,991 shares of Aura Minerals stock. The shares were sold at an average price of $87.40, for a total value of $4,806,213.40.
• On Wednesday, September 9th, Mauad Sousa sold 53,627 shares of Aura Minerals stock. The shares were sold at an average price of $86.61, for a total value of $4,644,634.47.
• On Tuesday, September 1st, Mauad Sousa acquired 1 shares of Aura Minerals stock. The stock was bought at an average cost of $81.10 per share, with a total value of $81.10.
• On Monday, August 31st, Mauad Sousa sold 127,500 shares of Aura Minerals stock. The stock was sold at an average price of $81.20, for a total value of $10,353,000.00.
• On Monday, August 31st, Mauad Sousa bought 10 shares of Aura Minerals stock. The shares were bought at an average cost of $79.89 per share, for a total transaction of $798.90.
• On Friday, August 28th, Mauad Sousa sold 157,500 shares of Aura Minerals stock. The shares were sold at an average price of $86.73, for a total value of $13,659,975.00.
• On Friday, August 28th, Mauad Sousa purchased 252,000 shares of Aura Minerals stock. The stock was bought at an average price of $86.48 per share, with a total value of $21,792,960.00.
• On Monday, August 24th, Mauad Sousa sold 120,757 shares of Aura Minerals stock. The stock was sold at an average price of $88.45, for a total transaction of $10,680,956.65.
• On Friday, August 21st, Mauad 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 Thursday, August 20th, Mauad Sousa sold 125,000 shares of Aura Minerals stock. The shares were sold at an average price of $86.00, for a total transaction of $10,750,000.00.

Aura Minerals Trading Down 0.6%

Shares of AUGO traded down $0.53 during midday trading on Friday, hitting $88.18. The stock had a trading volume of 1,507,616 shares, compared to its average volume of 994,157. Aura Minerals Inc. has a 1 year low of $29.11 and a 1 year high of $110.32. The firm has a market cap of $7.39 billion, a PE ratio of 24.91 and a beta of 0.28. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.06 and a quick ratio of 0.82. The stock’s 50 day moving average is $72.50 and its 200 day moving average is $75.27.

Aura Minerals (NASDAQ:AUGO) last released its quarterly earnings results on Tuesday, June 30th. The company reported $2.57 EPS 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 during the quarter. As a group, analysts forecast that Aura Minerals Inc. will post 5.45 EPS for the current fiscal year.

Aura Minerals Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 28th. Shareholders of record on Tuesday, August 18th were paid a $0.72 dividend. The ex-dividend date of this dividend was Tuesday, August 18th. This represents a $2.88 annualized dividend and a yield of 3.3%. Aura Minerals’s dividend payout ratio (DPR) is presently 81.36%.

Institutional Trading of Aura Minerals

Several institutional investors and hedge funds have recently modified their holdings of AUGO. Tidal Investments LLC boosted its holdings in shares of Aura Minerals by 56.7% in the second quarter. Tidal Investments LLC now owns 13,305 shares of the company’s stock valued at $838,000 after purchasing an additional 4,816 shares during the period. Corient Private Wealth LP purchased a new position in Aura Minerals during the 2nd quarter worth $446,000. Absolute Gestao de Investimentos Ltda. raised its position in Aura Minerals by 1,379.1% during the 2nd quarter. Absolute Gestao de Investimentos Ltda. now owns 55,467 shares of the company’s stock valued at $3,492,000 after purchasing an additional 51,717 shares in the last quarter. Triumph Capital Management raised its position in Aura Minerals by 32.4% during the 2nd quarter. Triumph Capital Management now owns 596 shares of the company’s stock valued at $38,000 after purchasing an additional 146 shares in the last quarter. Finally, Navellier & Associates Inc. purchased a new stake in shares of Aura Minerals in the 2nd quarter worth $495,000.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on AUGO shares. Santander cut Aura Minerals from an “outperform” rating to a “neutral” rating in a research note on Monday, August 31st. JPMorgan Chase & Co. dropped their price objective on Aura Minerals from $104.50 to $91.00 and set an “overweight” rating for the company in a report on Thursday, July 16th. Weiss Ratings raised Aura Minerals from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, August 7th. Wall Street Zen lowered Aura Minerals from a “buy” rating to a “hold” rating in a research note on Sunday, September 6th. Finally, Bank of America decreased their target price on Aura Minerals from $122.00 to $94.00 and set a “buy” rating for the company in a research report on Thursday, July 9th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $86.95.

Aura Minerals Company Profile

Aura Minerals Inc is a mining company focused on the exploration, development, and production of precious and base metals. Its operations primarily produce gold, with copper and silver recovered as additional products from certain deposits. The company sells its output in the form of gold doré and metal concentrates.

Aura’s operating portfolio includes the Almas and Apoena gold operations in Brazil, the Aranzazu copper-gold-silver mine in Mexico, and the San Andrés gold mine in Honduras.