Winmill & CO. Inc. Buys Shares of 35,000 Aura Minerals Inc. $AUGO

Winmill & CO. Inc. purchased a new position in shares of Aura Minerals Inc. (NASDAQ:AUGO) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 35,000 shares of the company’s stock, valued at approximately $1,765,000.

Other hedge funds have also made changes to their positions in the company. Triumph Capital Management acquired a new stake in shares of Aura Minerals during the fourth quarter worth about $25,000. Global Retirement Partners LLC acquired a new position in shares of Aura Minerals in the fourth quarter valued at approximately $34,000. Quarry LP purchased a new stake in Aura Minerals during the 3rd quarter worth approximately $37,000. Hollencrest Capital Management increased its stake in Aura Minerals by 307.7% during the 4th quarter. Hollencrest Capital Management now owns 795 shares of the company’s stock worth $40,000 after buying an additional 600 shares during the period. Finally, Shell Asset Management Co. acquired a new stake in Aura Minerals during the 3rd quarter worth approximately $43,000.

Insider Transactions at Aura Minerals

In other news, Director Mauad Bruno Sousa sold 100,000 shares of the firm’s stock in a transaction dated Friday, May 29th. The stock was sold at an average price of $77.48, for a total transaction of $7,748,000.00. Following the sale, the director owned 434,965 shares of the company’s stock, valued at approximately $33,701,088.20. This trade represents a 18.69% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Rodrigo Cardoso Barbosa sold 60,000 shares of the business’s stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of $81.43, for a total value of $4,885,800.00. Following the sale, the chief executive officer owned 794,745 shares of the company’s stock, valued at approximately $64,716,085.35. The trade was a 7.02% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 310,392 shares of company stock worth $24,588,386.

Aura Minerals Stock Performance

NASDAQ AUGO opened at $60.89 on Monday. The company has a quick ratio of 0.75, a current ratio of 0.98 and a debt-to-equity ratio of 1.03. Aura Minerals Inc. has a 52 week low of $22.24 and a 52 week high of $110.32. The stock has a market capitalization of $5.10 billion and a PE ratio of 56.38. The firm has a 50 day moving average of $81.92 and a two-hundred day moving average of $69.52.

Aura Minerals (NASDAQ:AUGO) last announced its quarterly earnings data on Wednesday, May 20th. The company reported $999.00 earnings per share for the quarter. Aura Minerals had a net margin of 7.80% and a return on equity of 111.96%. As a group, research analysts expect that Aura Minerals Inc. will post 10.08 EPS for the current fiscal year.

Aura Minerals Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, May 26th. Stockholders of record on Tuesday, May 19th were given a dividend of $0.78 per share. The ex-dividend date of this dividend was Tuesday, May 19th. This represents a $3.12 annualized dividend and a dividend yield of 5.1%. This is an increase from Aura Minerals’s previous quarterly dividend of $0.66. Aura Minerals’s payout ratio is currently 288.89%.

Wall Street Analyst Weigh In

Several brokerages have commented on AUGO. JPMorgan Chase & Co. initiated coverage on shares of Aura Minerals in a research report on Wednesday, February 25th. They issued an “overweight” rating and a $105.00 price target for the company. Weiss Ratings lowered Aura Minerals from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, June 5th. Wall Street Zen upgraded Aura Minerals from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. Finally, Zacks Research lowered Aura Minerals from a “strong-buy” rating to a “strong sell” rating in a report on Monday, April 27th. Three investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Aura Minerals has a consensus rating of “Hold” and a consensus price target of $67.60.

About Aura Minerals

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.