Key Points
- Director Mauad Bruno Sousa sold 38,384 shares of Aura Minerals on May 12 at an average price of $83.95, totaling about $3.22 million. After the sale, he still owned 576,973 shares worth roughly $48.4 million.
- Aura Minerals recently increased its quarterly dividend to $0.78 per share from $0.66, payable May 26 to shareholders of record on May 19. The new payout implies a 3.9% annualized yield, though the payout ratio is very high at 244.44%.
- Analyst sentiment is mixed, with ratings ranging from strong sell to overweight, and MarketBeat reporting a consensus rating of Hold with a $67.60 price target. The stock was trading at $79.26, above that consensus target.
Aura Minerals Inc. (NASDAQ:AUGO - Get Free Report) Director Mauad Bruno Sousa sold 38,384 shares of the business's stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $83.95, for a total value of $3,222,336.80. Following the transaction, the director directly owned 576,973 shares of the company's stock, valued at $48,436,883.35. This represents a 6.24% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.
Aura Minerals Price Performance
NASDAQ AUGO opened at $79.26 on Thursday. Aura Minerals Inc. has a twelve month low of $18.74 and a twelve month high of $110.32. The company has a debt-to-equity ratio of 1.03, a quick ratio of 0.75 and a current ratio of 0.98. The stock has a market capitalization of $6.64 billion and a PE ratio of 73.39. The stock has a 50-day simple moving average of $84.94 and a 200 day simple moving average of $64.08.
Aura Minerals (NASDAQ:AUGO - Get Free Report) last posted its quarterly earnings data on Saturday, February 14th. The company reported ($0.24) earnings per share for the quarter. Aura Minerals had a return on equity of 111.96% and a net margin of 7.80%.The business had revenue of $321.66 million for the quarter. Research analysts anticipate that Aura Minerals Inc. will post 10.08 EPS for the current year.
Aura Minerals Increases Dividend
The company also recently declared a quarterly dividend, which will be paid on Tuesday, May 26th. Investors of record on Tuesday, May 19th will be paid a dividend of $0.78 per share. This is a positive change from Aura Minerals's previous quarterly dividend of $0.66. This represents a $3.12 annualized dividend and a yield of 3.9%. The ex-dividend date is Tuesday, May 19th. Aura Minerals's dividend payout ratio is presently 244.44%.
Institutional Investors Weigh In On Aura Minerals
Large investors have recently bought and sold shares of the business. Citigroup Inc. bought a new stake in Aura Minerals during the 3rd quarter worth approximately $1,997,000. JPMorgan Chase & Co. acquired a new position in Aura Minerals during the 3rd quarter worth $27,097,000. William Blair Investment Management LLC acquired a new position in Aura Minerals during the 3rd quarter worth $16,901,000. Artisan Partners Limited Partnership acquired a new position in Aura Minerals during the 3rd quarter worth $1,819,000. Finally, Capital World Investors acquired a new position in Aura Minerals during the 3rd quarter worth $60,284,000.
Analysts Set New Price Targets
Several brokerages recently issued reports on AUGO. Zacks Research lowered Aura Minerals from a "strong-buy" rating to a "strong sell" rating in a research note on Monday, April 27th. Wall Street Zen upgraded Aura Minerals from a "hold" rating to a "buy" rating in a research note on Saturday, May 2nd. JPMorgan Chase & Co. began coverage on Aura Minerals in a research note on Wednesday, February 25th. They set an "overweight" rating and a $105.00 price target on the stock. Finally, Weiss Ratings restated a "hold (c)" rating on shares of Aura Minerals in a research note on Friday, March 27th. Three analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of $67.60.
View Our Latest Analysis on Aura Minerals
Aura Minerals Company Profile
(
Get Free Report)
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.
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