Aura Minerals (NASDAQ:AUGO) Director Mauad Bruno Sousa Sells 7,495 Shares of Stock

Aura Minerals Inc. (NASDAQ:AUGO) Director Mauad Sousa sold 7,495 shares of Aura Minerals stock in a transaction dated Wednesday, November 11th. The shares were sold at an average price of $82.85, for a total transaction of $620,960.75. Following the transaction, the director directly owned 183,046 shares of the company’s stock, valued at $15,165,361.10. This represents a 3.93% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

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 stock was 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 stock was sold at an average price of $87.40, for a total transaction of $4,806,213.40.
• On Wednesday, September 9th, Mauad Sousa sold 53,627 shares of Aura Minerals stock. The stock was sold at an average price of $86.61, for a total transaction of $4,644,634.47.
• On Tuesday, September 1st, Mauad Sousa bought 1 shares of Aura Minerals stock. The stock was purchased at an average price of $81.10 per share, with a total value of $81.10.
• On Monday, August 31st, Mauad Sousa sold 127,500 shares of Aura Minerals stock. The shares were sold at an average price of $81.20, for a total transaction of $10,353,000.00.
• On Monday, August 31st, Mauad Sousa bought 10 shares of Aura Minerals stock. The stock was acquired at an average cost of $79.89 per share, for a total transaction 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 purchased 252,000 shares of Aura Minerals stock. The shares were acquired at an average price of $86.48 per share, for a total transaction 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%

AUGO stock opened at $77.94 on Friday. The business has a fifty day moving average price of $82.42 and a 200 day moving average price of $76.16. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.30 and a quick ratio of 1.07. Aura Minerals Inc. has a fifty-two week low of $33.91 and a fifty-two week high of $110.32. The stock has a market capitalization of $6.53 billion, a price-to-earnings ratio of 15.40, a P/E/G ratio of 0.23 and a beta of 0.82.

Aura Minerals Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 27th. Stockholders of record on Wednesday, November 18th will be issued a dividend of $0.72 per share. This represents a $2.88 annualized dividend and a dividend yield of 3.7%. The ex-dividend date is Wednesday, November 18th. Aura Minerals’s dividend payout ratio is presently 56.92%.

Institutional Investors Weigh In On Aura Minerals

Institutional investors and hedge funds have recently made changes to their positions in the company. Jennison Associates LLC bought a new position in Aura Minerals in the first quarter valued at about $50,378,000. Bank of America Corp DE raised its holdings in Aura Minerals by 42.5% during the 1st quarter. Bank of America Corp DE now owns 977,212 shares of the company’s stock worth $79,740,000 after purchasing an additional 291,623 shares during the last quarter. First Trust Advisors LP bought a new stake in Aura Minerals during the 3rd quarter worth about $14,216,000. Arrowstreet Capital Limited Partnership lifted its position in Aura Minerals by 125.1% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 321,582 shares of the company’s stock valued at $26,241,000 after purchasing an additional 178,730 shares during the period. Finally, Andra AP fonden acquired a new position in Aura Minerals during the 2nd quarter valued at about $10,550,000.

Wall Street Analysts Forecast Growth

AUGO has been the subject of a number of research reports. Santander lowered Aura Minerals from an “outperform” rating to a “neutral” rating in a research note on Monday, August 31st. JPMorgan Chase & Co. reduced their price target on shares of Aura Minerals from $104.50 to $91.00 and set an “overweight” rating on the stock in a research report on Thursday, July 16th. Weiss Ratings raised shares of Aura Minerals from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, October 30th. Scotiabank assumed coverage on shares of Aura Minerals in a research report on Thursday, September 17th. They issued a “sector outperform” rating and a $110.00 price objective for the company. Finally, Zacks Research upgraded shares of Aura Minerals from a “strong sell” rating to a “hold” rating in a research report on Monday, September 7th. Five research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Aura Minerals has a consensus rating of “Moderate Buy” and a consensus target price of $86.95.

About Aura Minerals

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.