Key Points
- Director Mauad Bruno Sousa sold 120,757 Aura Minerals shares at an average price of $88.45, generating approximately $10.68 million. The sale reduced his direct stake by 61.58% to 75,356 shares.
- The transaction follows several recent sales totaling hundreds of thousands of shares, including 222,652 shares sold on August 21 and 280,000 shares sold on August 19; he made smaller purchases on August 17 and June 3.
- Aura Minerals shares opened at $89.30, near the upper end of their 12-month range, while analyst sentiment remained mixed with a consensus “Hold” rating and a $79.27 price target.
Aura Minerals Inc. (NASDAQ:AUGO - Get Free Report) Director Mauad Bruno Sousa sold 120,757 shares of the business's stock in a transaction on Monday, August 24th. The stock was sold at an average price of $88.45, for a total transaction of $10,680,956.65. Following the transaction, the director directly owned 75,356 shares of the company's stock, valued at approximately $6,665,238.20. This represents a 61.58% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Mauad Bruno Sousa also recently made the following trade(s):
- On Friday, August 21st, Mauad Bruno Sousa sold 222,652 shares of Aura Minerals stock. The shares were sold at an average price of $88.11, for a total value of $19,617,867.72.
- On Thursday, August 20th, Mauad Bruno Sousa sold 125,000 shares of Aura Minerals stock. The stock was sold at an average price of $86.00, for a total value of $10,750,000.00.
- On Wednesday, August 19th, Mauad Bruno Sousa sold 280,000 shares of Aura Minerals stock. The stock was 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 shares were acquired at an average cost 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 price 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 value of $2,490,764.88.
Aura Minerals Stock Performance
Shares of NASDAQ AUGO opened at $89.30 on Thursday. Aura Minerals Inc. has a 12 month low of $28.22 and a 12 month high of $110.32. The company has a market cap of $7.48 billion and a P/E ratio of 25.23. The business's 50 day moving average is $65.30 and its two-hundred day moving average is $74.09. The company has a quick ratio of 0.82, a current ratio of 1.06 and a debt-to-equity ratio of 0.82.
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 for the quarter. Aura Minerals had a return on equity of 103.62% and a net margin of 23.18%.The company had revenue of $335.97 million during the quarter. On average, equities analysts expect that Aura Minerals Inc. will post 5.5 EPS for the current year.
Aura Minerals Cuts Dividend
The business also recently announced a quarterly dividend, which will be paid on Friday, August 28th. Investors 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 3.2%. The ex-dividend date is Tuesday, August 18th. Aura Minerals's dividend payout ratio is presently 81.36%.
Analyst Ratings Changes
A number of brokerages have weighed in on AUGO. Zacks Research downgraded shares of Aura Minerals from a "hold" rating to a "strong sell" rating in a report on Tuesday, July 28th. JPMorgan Chase & Co. dropped their price objective on shares of Aura Minerals from $104.50 to $91.00 and set an "overweight" rating on the stock in a report on Thursday, July 16th. 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. Wall Street Zen cut shares of Aura Minerals from a "buy" rating to a "hold" rating in a research note on Saturday, August 8th. Finally, Bank of America decreased their target price on Aura Minerals from $122.00 to $94.00 and set a "buy" rating on the stock in a research report on Thursday, July 9th. Three analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of $79.27.
Read Our Latest Stock Report on Aura Minerals
Institutional Trading of Aura Minerals
Institutional investors have recently bought and sold shares of the stock. Triumph Capital Management bought a new stake in Aura Minerals in the fourth quarter valued at $25,000. Global Retirement Partners LLC bought a new position in shares of Aura Minerals during the fourth quarter valued at $34,000. Quarry LP bought a new position in shares of Aura Minerals during the third quarter valued at $37,000. Hollencrest Capital Management boosted its stake in shares of Aura Minerals by 307.7% in the 4th 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. Finally, Banque Cantonale Vaudoise bought a new stake in shares of Aura Minerals in the 3rd quarter worth about $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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