Insider Selling: Aura Minerals (NASDAQ:AUGO) Director Sells $620,960.75 in Stock

Key Points

  • Director Mauad Sousa sold 7,495 Aura Minerals shares for $620,960.75 at an average price of $82.85, reducing his direct holding by 3.93% to 183,046 shares.
  • The sale follows several much larger disposals by Sousa in recent months, including 166,000 shares in September for about $15.05 million.
  • Aura declared a quarterly dividend of $0.72 per share, equivalent to a 3.7% annualized yield; analysts’ consensus rating is “Moderate Buy,” with an $86.95 average target price.

Aura Minerals Inc. (NASDAQ:AUGO - Get Free Report) Director Mauad Sousa sold 7,495 shares of the firm's stock in a transaction that occurred on Wednesday, November 11th. The shares were sold at an average price of $82.85, for a total transaction of $620,960.75. Following the completion of the transaction, the director directly owned 183,046 shares in the company, valued at approximately $15,165,361.10. The trade was a 3.93% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Mauad Bruno Sousa also recently made the following trade(s):

  • On Tuesday, September 22nd, Mauad Sousa sold 166,000 shares of Aura Minerals stock. The shares were sold at an average price of $90.65, for a total transaction of $15,047,900.00.
  • On Thursday, September 17th, Mauad Sousa sold 73,925 shares of Aura Minerals stock. The shares were sold at an average price of $92.40, for a total transaction of $6,830,670.00.
  • On Friday, September 11th, Mauad Sousa sold 54,991 shares of Aura Minerals stock. The shares were sold at an average price of $87.40, for a total value of $4,806,213.40.
  • On Wednesday, September 9th, Mauad Sousa sold 53,627 shares of Aura Minerals stock. The shares were sold at an average price of $86.61, for a total value of $4,644,634.47.
  • On Tuesday, September 1st, Mauad Sousa purchased 1 shares of Aura Minerals stock. The stock was bought at an average price of $81.10 per share, for a total transaction of $81.10.
  • On Monday, August 31st, Mauad Sousa sold 127,500 shares of Aura Minerals stock. The stock was sold at an average price of $81.20, for a total value of $10,353,000.00.
  • On Monday, August 31st, Mauad Sousa acquired 10 shares of Aura Minerals stock. The shares were bought at an average cost of $79.89 per share, with a total value of $798.90.
  • On Friday, August 28th, Mauad Sousa sold 157,500 shares of Aura Minerals stock. The stock was sold at an average price of $86.73, for a total value of $13,659,975.00.
  • On Friday, August 28th, Mauad Sousa acquired 252,000 shares of Aura Minerals stock. The stock was bought at an average price of $86.48 per share, with a total value of $21,792,960.00.
  • On Monday, August 24th, Mauad Sousa sold 120,757 shares of Aura Minerals stock. The shares were sold at an average price of $88.45, for a total value of $10,680,956.65.

Aura Minerals Trading Down 4.3%




NASDAQ:AUGO opened at $77.94 on Friday. Aura Minerals Inc. has a 1-year low of $33.91 and a 1-year high of $110.32. The business's 50-day moving average price is $82.42 and its two-hundred day moving average price is $76.16. The company has a current ratio of 1.30, a quick ratio of 1.07 and a debt-to-equity ratio of 1.08. The firm has a market capitalization of $6.53 billion, a price-to-earnings ratio of 15.40, a PEG ratio of 0.23 and a beta of 0.82.

Aura Minerals Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, November 27th. Stockholders of record on Wednesday, November 18th will be paid a $0.72 dividend. The ex-dividend date of this dividend is Wednesday, November 18th. This represents a $2.88 dividend on an annualized basis and a dividend yield of 3.7%. Aura Minerals's dividend payout ratio is 56.92%.

Hedge Funds Weigh In On Aura Minerals

Institutional investors have recently modified their holdings of the business. Triumph Capital Management grew its position in shares of Aura Minerals by 32.4% in 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 period. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp increased its stake in Aura Minerals by 1.5% during the 3rd quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 13,200 shares of the company's stock worth $1,039,000 after purchasing an additional 200 shares in the last quarter. Parallel Advisors LLC acquired a new stake in Aura Minerals during the 3rd quarter worth approximately $38,000. GAMMA Investing LLC raised its holdings in Aura Minerals by 522.2% during the 3rd quarter. GAMMA Investing LLC now owns 616 shares of the company's stock worth $48,000 after buying an additional 517 shares during the period. Finally, Pinnacle Wealth Planning Services Inc. acquired a new stake in Aura Minerals during the 3rd quarter worth approximately $42,000.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on AUGO shares. Santander downgraded shares of Aura Minerals from an "outperform" rating to a "neutral" rating in a research report on Monday, August 31st. JPMorgan Chase & Co. reduced their price objective on shares of Aura Minerals from $104.50 to $91.00 and set an "overweight" rating on the stock in a research note on Thursday, July 16th. Zacks Research upgraded shares of Aura Minerals from a "strong sell" rating to a "hold" rating in a report on Monday, September 7th. Weiss Ratings raised shares of Aura Minerals from a "buy (b-)" rating to a "buy (b)" rating in a research note on Friday, October 30th. Finally, Scotiabank started coverage on shares of Aura Minerals in a report on Thursday, September 17th. They issued a "sector outperform" rating and a $110.00 target price on the stock. Five equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $86.95.

Check Out Our Latest Stock Report on AUGO

Aura Minerals Company Profile

(Get Free Report)

Aura Minerals is a mining company focused on exploring, developing and operating gold and copper properties in the Americas. Its operations also produce silver as a byproduct at some sites. The company's portfolio includes mines and projects in Brazil, Mexico and Honduras. Its activities span the mining lifecycle, from resource exploration and project development to the production and sale of metals. Aura Minerals is led by Chief Executive Officer Rodrigo Barbosa. The company has expanded its portfolio over time through mine development and acquisitions.

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