Aura Minerals (NASDAQ:AUGO) CEO Rodrigo Cardoso Barbosa Sells 55,000 Shares

Aura Minerals Inc. (NASDAQ:AUGO) CEO Rodrigo Cardoso Barbosa sold 55,000 shares of the company’s stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of $82.63, for a total value of $4,544,650.00. Following the completion of the transaction, the chief executive officer directly owned 739,745 shares in the company, valued at $61,125,129.35. This trade represents a 6.92% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Rodrigo Cardoso Barbosa also recently made the following trade(s):

• On Monday, May 11th, Rodrigo Cardoso Barbosa sold 60,000 shares of Aura Minerals stock. The shares were sold at an average price of $81.43, for a total value of $4,885,800.00.
• On Friday, March 20th, Rodrigo Cardoso Barbosa sold 5,000 shares of Aura Minerals stock. The shares were sold at an average price of $61.75, for a total value of $308,750.00.
• On Thursday, March 19th, Rodrigo Cardoso Barbosa sold 10,000 shares of Aura Minerals stock. The shares were sold at an average price of $65.82, for a total value of $658,200.00.

Aura Minerals Trading Down 5.3%

Aura Minerals stock traded down $4.46 during mid-day trading on Wednesday, hitting $79.26. The company’s stock had a trading volume of 733,554 shares, compared to its average volume of 765,826. The company has a 50 day moving average of $84.94 and a 200-day moving average of $64.08. The stock has a market cap of $6.64 billion and a PE ratio of 73.39. The company has a debt-to-equity ratio of 1.03, a quick ratio of 0.75 and a current ratio of 0.98. Aura Minerals Inc. has a one year low of $18.74 and a one year high of $110.32.

Aura Minerals (NASDAQ:AUGO) last announced its quarterly earnings data on Saturday, February 14th. The company reported ($0.24) EPS for the quarter. The business had revenue of $321.66 million during the quarter. Aura Minerals had a net margin of 7.80% and a return on equity of 111.96%. On average, research analysts anticipate that Aura Minerals Inc. will post 10.08 EPS for the current year.

Aura Minerals Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, May 26th. Stockholders of record on Tuesday, May 19th will be given a dividend of $0.78 per share. This represents a $3.12 dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date of this dividend is Tuesday, May 19th. This is a positive change from Aura Minerals’s previous quarterly dividend of $0.66. Aura Minerals’s dividend payout ratio is currently 244.44%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on the company. Zacks Research downgraded Aura Minerals from a “strong-buy” rating to a “strong sell” rating in a research report on Monday, April 27th. Wall Street Zen raised Aura Minerals from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. Weiss Ratings reissued a “hold (c)” rating on shares of Aura Minerals in a research report on Friday, March 27th. Finally, JPMorgan Chase & Co. assumed coverage on Aura Minerals in a research report on Wednesday, February 25th. They set an “overweight” rating and a $105.00 price target on the stock. Three equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Aura Minerals has a consensus rating of “Hold” and an average target price of $67.60.

Institutional Investors Weigh In On Aura Minerals

A number of hedge funds have recently made changes to their positions in the stock. Triumph Capital Management purchased a new stake in shares of Aura Minerals during the 4th quarter worth $25,000. Hollencrest Capital Management lifted its stake in shares of 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 purchasing an additional 600 shares during the last quarter. Global Retirement Partners LLC purchased a new stake in shares of Aura Minerals during the 4th quarter worth $34,000. Virtus Advisers LLC lifted its stake in shares of Aura Minerals by 46.4% during the 4th quarter. Virtus Advisers LLC now owns 2,635 shares of the company’s stock worth $133,000 after purchasing an additional 835 shares during the last quarter. Finally, Quarry LP purchased a new stake in shares of Aura Minerals during the 3rd quarter worth $37,000.

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.