Aura Minerals (NASDAQ:AUGO) COO Luvizotto Glauber Rosa Sells 6,323 Shares

Aura Minerals Inc. (NASDAQ:AUGO) COO Luvizotto Glauber Rosa sold 6,323 shares of the firm’s stock in a transaction on Monday, June 22nd. The stock was sold at an average price of $65.22, for a total value of $412,386.06. Following the completion of the transaction, the chief operating officer directly owned 434,305 shares of the company’s stock, valued at approximately $28,325,372.10. This trade represents a 1.43% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Aura Minerals Stock Performance

AUGO traded down $3.61 during trading on Wednesday, reaching $57.89. 1,385,957 shares of the company’s stock were exchanged, compared to its average volume of 982,245. The company has a market capitalization of $4.85 billion and a P/E ratio of 53.60. The company has a quick ratio of 0.75, a current ratio of 0.98 and a debt-to-equity ratio of 1.03. The business has a 50 day moving average price of $78.00 and a 200 day moving average price of $70.76. Aura Minerals Inc. has a fifty-two week low of $22.24 and a fifty-two week high of $110.32.

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

Aura Minerals Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, May 26th. Investors of record on Tuesday, May 19th were paid a $0.78 dividend. The ex-dividend date of this dividend was Tuesday, May 19th. This is an increase from Aura Minerals’s previous quarterly dividend of $0.66. This represents a $3.12 dividend on an annualized basis and a yield of 5.4%. Aura Minerals’s payout ratio is presently 288.89%.

Analysts Set New Price Targets

AUGO has been the topic of several analyst reports. Wall Street Zen upgraded Aura Minerals from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. JPMorgan Chase & Co. initiated coverage on Aura Minerals in a research report on Wednesday, February 25th. They set an “overweight” rating and a $105.00 target price for the company. Weiss Ratings cut Aura Minerals from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, June 5th. Finally, Zacks Research lowered Aura Minerals from a “strong-buy” rating to a “strong sell” rating in a research note on Monday, April 27th. 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 company. According to data from MarketBeat, Aura Minerals currently has an average rating of “Hold” and an average price target of $67.60.

Institutional Trading of Aura Minerals

Several hedge funds have recently modified their holdings of the company. Triumph Capital Management acquired a new position in shares of Aura Minerals in the 4th quarter worth approximately $25,000. Global Retirement Partners LLC acquired a new stake in Aura Minerals during the 4th quarter valued at $34,000. Quarry LP bought a new position in Aura Minerals in the 3rd quarter valued at $37,000. Hollencrest Capital Management raised its position in 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 during the last quarter. Finally, Banque Cantonale Vaudoise acquired a new position in Aura Minerals in the third quarter worth $108,000.

Aura Minerals Company Profile

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.