Key Points
- Aura Minerals CFO Santos Cardoso Joao Kleber Dos sold 60,000 shares on June 30 at an average price of $61.95, totaling about $3.72 million. The sale was made under a pre-arranged Rule 10b5-1 trading plan.
- After the transaction, the CFO still owned 118,111 shares, valued at roughly $7.32 million, representing a 33.69% reduction in his position.
- The company recently raised its quarterly dividend to $0.78 per share, or $3.12 annualized, while analysts currently rate AUGO a Moderate Buy with a consensus target price of $67.60.
Aura Minerals Inc. (NASDAQ:AUGO - Get Free Report) CFO Santos Cardoso Joao Kleber Dos sold 60,000 shares of Aura Minerals stock in a transaction dated Tuesday, June 30th. The stock was sold at an average price of $61.95, for a total transaction of $3,717,000.00. Following the completion of the sale, the chief financial officer owned 118,111 shares of the company's stock, valued at $7,316,976.45. This trade represents a 33.69% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Aura Minerals Stock Performance
NASDAQ AUGO opened at $60.62 on Thursday. The firm has a 50-day moving average price of $72.65 and a two-hundred day moving average price of $71.57. Aura Minerals Inc. has a 12-month low of $22.24 and a 12-month high of $110.32. The company has a market capitalization of $5.08 billion and a P/E ratio of 56.13. The company has a quick ratio of 0.75, a current ratio of 0.98 and a debt-to-equity ratio of 1.03.
Aura Minerals (NASDAQ:AUGO - Get Free Report) last announced its earnings results on Wednesday, May 20th. The company reported $999.00 EPS for the quarter. Aura Minerals had a net margin of 7.80% and a return on equity of 111.96%. Analysts anticipate that Aura Minerals Inc. will post 7.78 earnings per share for the current year.
Aura Minerals Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Tuesday, May 26th. Stockholders of record on Tuesday, May 19th were given a dividend of $0.78 per share. This represents a $3.12 dividend on an annualized basis and a dividend yield of 5.1%. The ex-dividend date was Tuesday, May 19th. This is a positive change from Aura Minerals's previous quarterly dividend of $0.66. Aura Minerals's dividend payout ratio is currently 288.89%.
Analyst Upgrades and Downgrades
A number of research analysts recently commented on AUGO shares. Wall Street Zen upgraded Aura Minerals from a "hold" rating to a "buy" rating in a research report on Saturday, May 2nd. Zacks Research raised shares of Aura Minerals from a "strong sell" rating to a "hold" rating in a research report on Monday. Finally, Weiss Ratings downgraded shares of Aura Minerals from a "hold (c+)" rating to a "hold (c)" rating in a research note on Monday. Three equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $67.60.
View Our Latest Research Report on AUGO
Hedge Funds Weigh In On Aura Minerals
Institutional investors have recently added to or reduced their stakes in the stock. Triumph Capital Management bought a new position in Aura Minerals in the 4th quarter valued at approximately $25,000. Global Retirement Partners LLC acquired a new stake in Aura Minerals in the fourth quarter valued at approximately $34,000. Quarry LP bought a new stake in shares of Aura Minerals during the third quarter worth $37,000. Hollencrest Capital Management grew its stake in shares of Aura Minerals by 307.7% during 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. Finally, Banque Cantonale Vaudoise acquired a new position in shares of Aura Minerals during the third quarter worth $108,000.
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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