Aura Minerals (NASDAQ:AUGO) Director Mauad Bruno Sousa Sells 32,356 Shares

Key Points

  • Director Mauad Bruno Sousa sold 32,356 shares of Aura Minerals on May 28 at an average price of $76.98, totaling about $2.49 million. After the sale, he still held 534,965 shares valued at roughly $41.18 million.
  • Additional insider selling followed, including 100,000 shares sold on May 29, 9,652 shares on May 27, and 38,384 shares on May 12, indicating a broader pattern of recent disposals by the director.
  • Aura Minerals recently raised its quarterly dividend to $0.78 per share from $0.66, implying a 4.3% annualized yield. The company also reported strong quarterly earnings, while analysts currently have a consensus rating of Moderate Buy.

Aura Minerals Inc. (NASDAQ:AUGO - Get Free Report) Director Mauad Bruno Sousa sold 32,356 shares of the company's stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of $76.98, for a total transaction of $2,490,764.88. Following the completion of the sale, the director directly owned 534,965 shares of the company's stock, valued at $41,181,605.70. The trade was a 5.70% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

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

  • 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 Wednesday, May 27th, Mauad Bruno Sousa sold 9,652 shares of Aura Minerals stock. The stock was sold at an average price of $75.62, for a total transaction of $729,884.24.
  • 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 transaction of $3,222,336.80.

Aura Minerals Price Performance

Shares of AUGO opened at $72.30 on Tuesday. The company has a 50 day moving average price of $83.81 and a 200-day moving average price of $67.94. 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 market capitalization of $6.06 billion and a PE ratio of 66.95. The company has a debt-to-equity ratio of 1.03, a quick ratio of 0.75 and a current ratio of 0.98.




Aura Minerals (NASDAQ:AUGO - Get Free Report) last announced its quarterly earnings results on Wednesday, May 20th. The company reported $999.00 earnings per share for the quarter. Aura Minerals had a net margin of 7.80% and a return on equity of 111.96%. Equities analysts predict that Aura Minerals Inc. will post 10.08 earnings per share for the current fiscal year.

Aura Minerals Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, May 26th. Investors of record on Tuesday, May 19th were paid a dividend of $0.78 per share. This is a boost from Aura Minerals's previous quarterly dividend of $0.66. The ex-dividend date was Tuesday, May 19th. This represents a $3.12 annualized dividend and a dividend yield of 4.3%. Aura Minerals's dividend payout ratio (DPR) is presently 288.89%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on AUGO shares. Weiss Ratings raised shares of Aura Minerals from a "hold (c)" rating to a "buy (b-)" rating in a research report on Thursday, May 21st. Wall Street Zen raised shares of Aura Minerals from a "hold" rating to a "buy" rating in a research report on Saturday, May 2nd. JPMorgan Chase & Co. started coverage on shares of Aura Minerals in a research report on Wednesday, February 25th. They set an "overweight" rating and a $105.00 target price for the company. Finally, Zacks Research cut shares of Aura Minerals from a "strong-buy" rating to a "strong sell" rating in a research report on Monday, April 27th. Four equities research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $67.60.

Get Our Latest Research Report on AUGO

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Triumph Capital Management purchased a new position in shares of Aura Minerals in the fourth quarter worth $25,000. Hollencrest Capital Management raised its holdings in shares of Aura Minerals by 307.7% in the fourth 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. Global Retirement Partners LLC purchased a new position in shares of Aura Minerals in the fourth quarter worth $34,000. Virtus Advisers LLC raised its holdings in shares of Aura Minerals by 46.4% in the fourth quarter. Virtus Advisers LLC now owns 2,635 shares of the company's stock worth $133,000 after buying an additional 835 shares during the last quarter. Finally, Quarry LP purchased a new position in shares of Aura Minerals in the third quarter worth $37,000.

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.

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