Aura Minerals Inc. (NASDAQ:AUGO - Get Free Report) Director Mauad Bruno Sousa sold 125,000 shares of Aura Minerals stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $86.00, for a total value of $10,750,000.00. Following the completion of the transaction, the director owned 43,765 shares of the company's stock, valued at approximately $3,763,790. This represents a 74.07% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.
Mauad Bruno Sousa also recently made the following trade(s):
- On Wednesday, August 19th, Mauad Bruno Sousa sold 280,000 shares of Aura Minerals stock. The shares were sold at an average price of $81.67, for a total value of $22,867,600.00.
- On Monday, August 17th, Mauad Bruno Sousa acquired 11,000 shares of Aura Minerals stock. The stock was acquired at an average price of $78.93 per share, with a total value of $868,230.00.
- On Wednesday, June 3rd, Mauad Bruno Sousa bought 2,800 shares of Aura Minerals stock. The shares were acquired at an average cost of $64.95 per share, with a total value of $181,860.00.
- On Friday, May 29th, Mauad Bruno Sousa sold 100,000 shares of Aura Minerals stock. The shares were sold at an average price of $77.48, for a total value of $7,748,000.00.
- On Thursday, May 28th, Mauad Bruno Sousa sold 32,356 shares of Aura Minerals stock. The shares were sold at an average price of $76.98, for a total transaction of $2,490,764.88.
- 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.
Aura Minerals Price Performance
Shares of NASDAQ AUGO opened at $87.37 on Tuesday. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.82 and a current ratio of 1.06. The firm has a fifty day moving average of $64.36 and a 200 day moving average of $73.71. The firm has a market cap of $7.32 billion and a PE ratio of 24.68. Aura Minerals Inc. has a one year low of $27.28 and a one year high of $110.32.
Aura Minerals (NASDAQ:AUGO - Get Free Report) last posted its quarterly earnings data on Tuesday, June 30th. The company reported $2.57 earnings per share (EPS) for the quarter. Aura Minerals had a net margin of 23.18% and a return on equity of 103.62%. The business had revenue of $335.97 million for the quarter. As a group, research analysts predict that Aura Minerals Inc. will post 5.55 EPS for the current fiscal year.
Aura Minerals Cuts Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 28th. Shareholders of record on Tuesday, August 18th will be paid a dividend of $0.72 per share. This represents a $2.88 annualized dividend and a yield of 3.3%. The ex-dividend date is Tuesday, August 18th. Aura Minerals's payout ratio is 81.36%.
Hedge Funds Weigh In On Aura Minerals
Several institutional investors have recently bought and sold shares of the company. Triumph Capital Management purchased a new stake in Aura Minerals during the fourth quarter worth about $25,000. Global Retirement Partners LLC purchased a new position in shares of Aura Minerals in the fourth quarter valued at approximately $34,000. Hollencrest Capital Management boosted its stake in shares of Aura Minerals by 307.7% in 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 during the period. Quarry LP acquired a new position in shares of Aura Minerals in the third quarter valued at approximately $37,000. Finally, Mark Sheptoff Financial Planning LLC acquired a new position in shares of Aura Minerals in the fourth quarter valued at approximately $118,000.
Analysts Set New Price Targets
A number of research firms have commented on AUGO. JPMorgan Chase & Co. cut their price objective on shares of Aura Minerals from $104.50 to $91.00 and set an "overweight" rating for the company in a report on Thursday, July 16th. Wall Street Zen lowered shares of Aura Minerals from a "buy" rating to a "hold" rating in a report on Saturday, August 8th. Zacks Research lowered shares of Aura Minerals from a "hold" rating to a "strong sell" rating in a report on Tuesday, July 28th. Weiss Ratings raised shares of Aura Minerals from a "hold (c)" rating to a "hold (c+)" rating in a research report on Friday, August 7th. Finally, Bank of America dropped their target price on shares of Aura Minerals from $122.00 to $94.00 and set a "buy" rating for the company in a report on Thursday, July 9th. Three equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $79.27.
Check Out Our Latest Research 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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