Key Points
- Aura Minerals director Mauad Bruno Sousa sold 9,652 shares on May 27 at an average price of $75.62, for total proceeds of about $729,884. After the sale, he still held 567,321 shares valued at roughly $42.9 million.
- The director also sold a larger block earlier in the month, disposing of 38,384 shares on May 12 for about $3.22 million at an average price of $83.95.
- Aura Minerals recently boosted its quarterly dividend to $0.78 per share from $0.66, implying an annualized yield of about 4.1%, while analysts currently have a consensus rating of “Moderate Buy.”
Aura Minerals Inc. (NASDAQ:AUGO - Get Free Report) Director Mauad Bruno Sousa sold 9,652 shares of the stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $75.62, for a total value of $729,884.24. Following the transaction, the director owned 567,321 shares of the company's stock, valued at $42,900,814.02. The trade was a 1.67% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.
Mauad Bruno Sousa also recently made the following trade(s):
- On Tuesday, May 12th, Mauad Bruno Sousa sold 38,384 shares of Aura Minerals stock. The stock was sold at an average price of $83.95, for a total value of $3,222,336.80.
Aura Minerals Stock Up 1.5%
AUGO stock opened at $75.88 on Friday. 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 company has a market capitalization of $6.36 billion and a price-to-earnings ratio of 70.26. Aura Minerals Inc. has a fifty-two week low of $22.24 and a fifty-two week high of $110.32. The stock has a fifty day moving average of $83.60 and a 200-day moving average of $67.39.
Aura Minerals (NASDAQ:AUGO - Get Free Report) last posted its quarterly earnings results on Wednesday, May 20th. The company reported $999.00 earnings per share for the quarter. Aura Minerals had a return on equity of 111.96% and a net margin of 7.80%. As a group, equities research analysts predict that Aura Minerals Inc. will post 10.08 earnings per share for the current year.
Aura Minerals Increases Dividend
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, May 26th. Investors of record on Tuesday, May 19th were issued a dividend of $0.78 per share. This is a positive change from Aura Minerals's previous quarterly dividend of $0.66. The ex-dividend date of this dividend was Tuesday, May 19th. This represents a $3.12 dividend on an annualized basis and a yield of 4.1%. Aura Minerals's payout ratio is currently 288.89%.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently bought and sold shares of AUGO. Y Intercept Hong Kong Ltd bought a new position in Aura Minerals during the third quarter valued at approximately $646,000. TD Waterhouse Canada Inc. bought a new position in Aura Minerals during the third quarter valued at approximately $1,532,000. State of Wyoming bought a new position in Aura Minerals during the third quarter valued at approximately $164,000. Truxt Investmentos Ltda. bought a new position in Aura Minerals during the third quarter valued at approximately $6,634,000. Finally, Cibc World Market Inc. bought a new position in Aura Minerals during the third quarter valued at approximately $2,968,000.
Analysts Set New Price Targets
A number of analysts recently issued reports on the company. Wall Street Zen raised Aura Minerals from a "hold" rating to a "buy" rating in a report on Saturday, May 2nd. JPMorgan Chase & Co. assumed coverage on Aura Minerals in a report on Wednesday, February 25th. They set an "overweight" rating and a $105.00 price objective on the stock. Zacks Research cut Aura Minerals from a "strong-buy" rating to a "strong sell" rating in a report on Monday, April 27th. Finally, Weiss Ratings raised Aura Minerals from a "hold (c)" rating to a "buy (b-)" rating in a report on Thursday, May 21st. Four research analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $67.60.
Get Our Latest Report on Aura Minerals
About Aura Minerals
(
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.
Further Reading
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