Luvizotto Glauber Rosa Sells 64,713 Shares of Aura Minerals (NASDAQ:AUGO) Stock

Aura Minerals Inc. (NASDAQ:AUGO) COO Luvizotto Glauber Rosa sold 64,713 shares of Aura Minerals stock in a transaction that occurred on Wednesday, August 19th. The shares were sold at an average price of $80.20, for a total transaction of $5,189,982.60. Following the sale, the chief operating officer directly owned 224,515 shares of the company’s stock, valued at $18,006,103. This represents a 22.37% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Luvizotto Glauber Rosa also recently made the following trade(s):

• On Monday, August 17th, Luvizotto Glauber Rosa sold 1,400 shares of Aura Minerals stock. The stock was sold at an average price of $80.00, for a total value of $112,000.00.
• On Monday, August 10th, Luvizotto Glauber Rosa sold 50,000 shares of Aura Minerals stock. The stock was sold at an average price of $75.02, for a total value of $3,751,000.00.
• On Friday, August 7th, Luvizotto Glauber Rosa sold 50,000 shares of Aura Minerals stock. The stock was sold at an average price of $70.10, for a total value of $3,505,000.00.
• On Thursday, July 2nd, Luvizotto Glauber Rosa sold 19,010 shares of Aura Minerals stock. The shares were sold at an average price of $65.23, for a total value of $1,240,022.30.
• On Friday, June 26th, Luvizotto Glauber Rosa sold 22,367 shares of Aura Minerals stock. The stock was sold at an average price of $65.27, for a total value of $1,459,894.09.
• On Monday, June 22nd, Luvizotto Glauber Rosa sold 6,323 shares of Aura Minerals stock. The stock was sold at an average price of $65.22, for a total value of $412,386.06.

Aura Minerals Stock Performance

Shares of Aura Minerals stock opened at $87.26 on Friday. The firm has a market cap of $7.31 billion and a P/E ratio of 24.65. The company has a current ratio of 1.06, a quick ratio of 0.82 and a debt-to-equity ratio of 0.82. Aura Minerals Inc. has a 12 month low of $27.16 and a 12 month high of $110.32. The stock’s fifty day moving average price is $63.93 and its 200-day moving average price is $73.47.

Aura Minerals (NASDAQ:AUGO) last released 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 firm had revenue of $335.97 million during the quarter. On average, equities research analysts expect that Aura Minerals Inc. will post 5.55 earnings per share for the current fiscal year.

Aura Minerals Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 28th. Stockholders of record on Tuesday, August 18th will be issued a $0.72 dividend. The ex-dividend date is Tuesday, August 18th. This represents a $2.88 annualized dividend and a dividend yield of 3.3%. Aura Minerals’s payout ratio is currently 81.36%.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on AUGO shares. Bank of America cut their price objective on shares of Aura Minerals from $122.00 to $94.00 and set a “buy” rating on the stock in a report on Thursday, July 9th. Weiss Ratings upgraded Aura Minerals from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, August 7th. Zacks Research lowered Aura Minerals from a “hold” rating to a “strong sell” rating in a research report on Tuesday, July 28th. Wall Street Zen cut Aura Minerals from a “buy” rating to a “hold” rating in a research note on Saturday, August 8th. Finally, JPMorgan Chase & Co. dropped their price objective on Aura Minerals from $104.50 to $91.00 and set an “overweight” rating on the stock in a research report on Thursday, July 16th. Three research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $79.27.

Institutional Investors Weigh In On Aura Minerals

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Banque Cantonale Vaudoise purchased a new position in Aura Minerals in the third quarter worth $108,000. Legal & General Group Plc purchased a new stake in shares of Aura Minerals during the 3rd quarter valued at $317,000. Van ECK Associates Corp purchased a new stake in shares of Aura Minerals during the 3rd quarter valued at $1,476,000. BNP Paribas Financial Markets acquired a new stake in shares of Aura Minerals in the 3rd quarter worth $145,000. Finally, Arrowstreet Capital Limited Partnership acquired a new stake in shares of Aura Minerals in the 3rd quarter worth $3,947,000.

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.