Key Points
- Aura Minerals director Mauad Bruno Sousa sold 280,000 shares at an average price of $81.67, generating $22.87 million. The transaction reduced his direct ownership by 62.39%, leaving him with 168,765 shares.
- The sale followed recent insider activity that included Sousa buying 11,000 shares on August 17 and 2,800 shares in June, while also selling shares in late May.
- Aura Minerals reported quarterly EPS of $2.57 on revenue of $335.97 million and declared a $0.72 quarterly dividend. Analysts’ average rating is “Hold,” with an average price target of $79.27.
Aura Minerals Inc. (NASDAQ:AUGO - Get Free Report) CFO Santos Cardoso Joao Kleber Dos sold 7,934 shares of the business's stock in a transaction dated Wednesday, August 19th. The shares were sold at an average price of $80.12, for a total value of $635,672.08. Following the sale, the chief financial officer directly owned 98,111 shares of the company's stock, valued at $7,860,653.32. This represents a 7.48% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 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 Monday, August 17th, Santos Cardoso Joao Kleber Dos sold 2,066 shares of Aura Minerals stock. The stock was sold at an average price of $80.00, for a total value of $165,280.00.
- On Friday, August 7th, Santos Cardoso Joao Kleber Dos sold 10,000 shares of Aura Minerals stock. The shares were sold at an average price of $70.03, for a total value of $700,300.00.
- 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 value of $3,717,000.00.
Aura Minerals Trading Up 2.0%
Shares of NASDAQ:AUGO opened at $86.69 on Friday. The stock has a 50 day moving average of $63.40 and a 200 day moving average of $73.37. The company has a market cap of $7.26 billion and a PE ratio of 24.49. Aura Minerals Inc. has a 12-month low of $26.98 and a 12-month high of $110.32. The company has a current ratio of 1.06, a quick ratio of 0.82 and a debt-to-equity ratio of 0.82.
Aura Minerals (NASDAQ:AUGO - Get Free Report) last released its earnings results on Tuesday, June 30th. The company reported $2.57 EPS for the quarter. Aura Minerals had a net margin of 23.18% and a return on equity of 103.62%. The company had revenue of $335.97 million for the quarter. As a group, equities research analysts expect that Aura Minerals Inc. will post 5.55 EPS for the current year.
Aura Minerals Cuts Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 28th. Stockholders of record on Tuesday, August 18th will be given a dividend of $0.72 per share. This represents a $2.88 annualized dividend and a dividend yield of 3.3%. The ex-dividend date is Tuesday, August 18th. Aura Minerals's dividend payout ratio (DPR) is presently 81.36%.
Institutional Trading of Aura Minerals
A number of institutional investors and hedge funds have recently bought and sold shares of AUGO. Triumph Capital Management boosted its holdings in shares of Aura Minerals by 32.4% during the 2nd quarter. Triumph Capital Management now owns 596 shares of the company's stock valued at $38,000 after purchasing an additional 146 shares during the last quarter. Hollencrest Capital Management grew its position in shares of Aura Minerals by 307.7% during the fourth quarter. Hollencrest Capital Management now owns 795 shares of the company's stock valued at $40,000 after purchasing an additional 600 shares in the last quarter. Global Retirement Partners LLC bought a new stake in shares of Aura Minerals in the fourth quarter worth about $34,000. Virtus Advisers LLC increased 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 purchasing an additional 835 shares during the last quarter. Finally, Quarry LP purchased a new stake in shares of Aura Minerals in the third quarter worth about $37,000.
Wall Street Analysts Forecast Growth
AUGO has been the subject of several recent analyst reports. Wall Street Zen downgraded shares of Aura Minerals from a "buy" rating to a "hold" rating in a report on Saturday, August 8th. Bank of America decreased their price target on Aura Minerals from $122.00 to $94.00 and set a "buy" rating on the stock in a report on Thursday, July 9th. Zacks Research downgraded Aura Minerals from a "hold" rating to a "strong sell" rating in a research report on Tuesday, July 28th. JPMorgan Chase & Co. dropped their price objective on 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 Aura Minerals from a "hold (c)" rating to a "hold (c+)" rating in a research report on Friday, August 7th. Three research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $79.27.
Check Out Our Latest Stock 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.
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