Key Points
- Aura Minerals CFO Santos Cardoso Joao Kleber Dos sold 10,000 shares at an average price of $70.03, generating $700,300. The Rule 10b5-1 transaction reduced his direct ownership by 8.47% to 108,111 shares.
- The company reported quarterly revenue of $335.97 million and EPS of $2.57, while analysts expect full-year EPS of $5.55. Aura also declared a quarterly dividend of $0.72 per share, equivalent to a 3.8% yield.
- Analyst sentiment is mixed, with an overall “Hold” rating and average price target of $79.27; recent target cuts and downgrades contrast with continued Buy and Overweight ratings from some analysts.
Aura Minerals Inc. (NASDAQ:AUGO - Get Free Report) CFO Santos Cardoso Joao Kleber Dos sold 10,000 shares of the business's stock in a transaction dated Friday, August 7th. The stock was sold at an average price of $70.03, for a total transaction of $700,300.00. Following the completion of the transaction, the chief financial officer directly owned 108,111 shares of the company's stock, valued at approximately $7,571,013.33. This represents a 8.47% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Santos Cardoso Joao Kleber Dos also recently made the following trade(s):
- On Tuesday, June 30th, Santos Cardoso Joao Kleber Dos sold 60,000 shares of Aura Minerals stock. The shares were sold at an average price of $61.95, for a total transaction of $3,717,000.00.
Aura Minerals Stock Performance
AUGO stock opened at $76.25 on Tuesday. The company has a 50 day moving average price of $60.49 and a 200 day moving average price of $72.81. Aura Minerals Inc. has a fifty-two week low of $25.12 and a fifty-two week high of $110.32. 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 has a market capitalization of $6.39 billion and a PE ratio of 21.54.
Aura Minerals (NASDAQ:AUGO - Get Free Report) last issued its quarterly earnings results on Tuesday, June 30th. The company reported $2.57 earnings per share (EPS) for the quarter. Aura Minerals had a return on equity of 103.62% and a net margin of 23.18%.The business had revenue of $335.97 million for the quarter. Analysts forecast that Aura Minerals Inc. will post 5.55 EPS for the current year.
Aura Minerals Cuts Dividend
The firm also recently announced a quarterly dividend, which will be paid on Friday, August 28th. Shareholders of record on Tuesday, August 18th will be issued a dividend of $0.72 per share. This represents a $2.88 dividend on an annualized basis and a yield of 3.8%. The ex-dividend date of this dividend is Tuesday, August 18th. Aura Minerals's payout ratio is currently 88.14%.
Institutional Investors Weigh In On Aura Minerals
Several large investors have recently made changes to their positions in the stock. Wealth High Governance Capital Ltda bought a new stake in shares of Aura Minerals in the first quarter valued at about $4,298,000. Wealth High Governance Asset Management Ltda. acquired a new stake in Aura Minerals in the 1st quarter valued at approximately $3,645,000. Rathbones Group PLC acquired a new stake in Aura Minerals in the 1st quarter valued at approximately $245,000. Bank of America Corp DE lifted its stake in Aura Minerals by 42.5% in the 1st quarter. Bank of America Corp DE now owns 977,212 shares of the company's stock valued at $79,740,000 after acquiring an additional 291,623 shares in the last quarter. Finally, Absolute Gestao de Investimentos Ltda. bought a new stake in Aura Minerals in the 1st quarter valued at approximately $306,000.
Wall Street Analyst Weigh In
Several equities analysts have weighed in on the company. Bank of America cut their target price on Aura Minerals from $122.00 to $94.00 and set a "buy" rating on the stock in a research note on Thursday, July 9th. Zacks Research downgraded shares of Aura Minerals from a "hold" rating to a "strong sell" rating in a research report on Tuesday, July 28th. Wall Street Zen lowered shares of Aura Minerals from a "buy" rating to a "hold" rating in a research note on Saturday. JPMorgan Chase & Co. lowered their target price on shares of Aura Minerals from $104.50 to $91.00 and set an "overweight" rating for the company in a research note on Thursday, July 16th. Finally, Weiss Ratings upgraded shares of Aura Minerals from a "hold (c)" rating to a "hold (c+)" rating in a report on Friday. Three research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of "Hold" and an average target price of $79.27.
View Our Latest Analysis on AUGO
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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