Mauad Bruno Sousa Sells 125,000 Shares of Aura Minerals (NASDAQ:AUGO) Stock

Aura Minerals Inc. (NASDAQ:AUGO) Director Mauad Bruno Sousa sold 125,000 shares of the stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $86.00, for a total transaction of $10,750,000.00. Following the transaction, the director owned 43,765 shares of the company’s stock, valued at approximately $3,763,790. The trade was a 74.07% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

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

• 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 transaction of $22,867,600.00.
• On Monday, August 17th, Mauad Bruno Sousa acquired 11,000 shares of Aura Minerals stock. The stock was purchased at an average price of $78.93 per share, for a total transaction of $868,230.00.
• On Wednesday, June 3rd, Mauad Bruno Sousa acquired 2,800 shares of Aura Minerals stock. The shares were purchased at an average cost 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 transaction of $2,490,764.88.
• On Wednesday, May 27th, Mauad Bruno Sousa sold 9,652 shares of Aura Minerals stock. The stock was sold at an average price of $75.62, for a total transaction of $729,884.24.

Aura Minerals Stock Performance

Shares of NASDAQ AUGO traded up $0.11 during midday trading on Monday, hitting $87.37. The company’s stock had a trading volume of 905,298 shares, compared to its average volume of 989,789. The stock has a fifty day moving average price of $63.93 and a 200 day moving average price of $73.55. Aura Minerals Inc. has a one year low of $27.28 and a one year high of $110.32. The company has a current ratio of 1.06, a quick ratio of 0.82 and a debt-to-equity ratio of 0.82. The firm has a market capitalization of $7.32 billion and a price-to-earnings ratio of 24.68.

Aura Minerals (NASDAQ:AUGO) last released its quarterly earnings data on Tuesday, June 30th. The company reported $2.57 EPS for the quarter. The company had revenue of $335.97 million during the quarter. Aura Minerals had a net margin of 23.18% and a return on equity of 103.62%. On average, research analysts forecast that Aura Minerals Inc. will post 5.55 EPS for the current fiscal year.

Aura Minerals Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, August 28th. Shareholders of record on Tuesday, August 18th will be given a dividend of $0.72 per share. 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 dividend payout ratio is currently 81.36%.

Institutional Trading of Aura Minerals

Large investors have recently modified their holdings of the business. Triumph Capital Management purchased a new position in shares of Aura Minerals during the fourth quarter worth about $25,000. Global Retirement Partners LLC purchased a new stake in Aura Minerals in the fourth quarter valued at approximately $34,000. Quarry LP bought a new stake in Aura Minerals during the third quarter valued at approximately $37,000. Hollencrest Capital Management increased its holdings in shares of Aura Minerals by 307.7% in 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 last quarter. Finally, Banque Cantonale Vaudoise purchased a new stake in shares of Aura Minerals during the 3rd quarter valued at $108,000.

Wall Street Analyst Weigh In

AUGO has been the topic of a number of analyst reports. Zacks Research lowered Aura Minerals from a “hold” rating to a “strong sell” rating in a research note on Tuesday, July 28th. Wall Street Zen downgraded Aura Minerals from a “buy” rating to a “hold” rating in a research note on Saturday, August 8th. Bank of America reduced their target price on Aura Minerals from $122.00 to $94.00 and set a “buy” rating for the company in a report on Thursday, July 9th. Weiss Ratings raised shares of Aura Minerals from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, August 7th. Finally, JPMorgan Chase & Co. cut their price objective on shares of Aura Minerals from $104.50 to $91.00 and set an “overweight” rating for the company in a research report on Thursday, July 16th. Three analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $79.27.

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.