Aura Minerals (NASDAQ:AUGO) CEO Rodrigo Cardoso Barbosa Sells 60,000 Shares

Aura Minerals Inc. (NASDAQ:AUGO) CEO Rodrigo Cardoso Barbosa sold 60,000 shares of the business’s stock in a transaction dated Monday, May 11th. The stock was sold at an average price of $81.43, for a total value of $4,885,800.00. Following the completion of the sale, the chief executive officer directly owned 794,745 shares of the company’s stock, valued at $64,716,085.35. This represents a 7.02% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

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

• On Tuesday, May 12th, Rodrigo Cardoso Barbosa sold 55,000 shares of Aura Minerals stock. The stock was sold at an average price of $82.63, for a total value of $4,544,650.00.
• On Friday, March 20th, Rodrigo Cardoso Barbosa sold 5,000 shares of Aura Minerals stock. The stock was 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 stock was sold at an average price of $65.82, for a total value of $658,200.00.

Aura Minerals Price Performance

Shares of Aura Minerals stock opened at $79.26 on Thursday. The firm has a fifty day simple moving average of $84.94 and a 200-day simple moving average of $64.08. The company has a current ratio of 0.98, a quick ratio of 0.75 and a debt-to-equity ratio of 1.03. Aura Minerals Inc. has a 1-year low of $18.74 and a 1-year high of $110.32. The stock has a market capitalization of $6.64 billion and a price-to-earnings ratio of 73.39.

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

Aura Minerals Increases Dividend

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

Hedge Funds Weigh In On Aura Minerals

Several large investors have recently added to or reduced their stakes in the company. Cetera Investment Advisers raised its holdings in Aura Minerals by 72.5% in the 1st quarter. Cetera Investment Advisers now owns 21,493 shares of the company’s stock valued at $1,754,000 after acquiring an additional 9,031 shares in the last quarter. Florida Financial Advisors LLC acquired a new position in shares of Aura Minerals in the 1st quarter worth approximately $2,406,000. Crescent Grove Advisors LLC acquired a new position in shares of Aura Minerals in the 1st quarter worth approximately $320,000. Jennison Associates LLC acquired a new position in shares of Aura Minerals in the 1st quarter worth approximately $50,378,000. Finally, Sigma Planning Corp acquired a new position in shares of Aura Minerals in the 1st quarter worth approximately $841,000.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the company. 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. 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 objective for the company. Finally, Zacks Research cut Aura Minerals from a “strong-buy” rating to a “strong sell” rating in a research report 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 issued a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $67.60.

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.