Aura Minerals Inc. $AUGO Stake Increased by William Blair Investment Management LLC

William Blair Investment Management LLC grew its holdings in Aura Minerals Inc. (NASDAQ:AUGO) by 9.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 496,303 shares of the company’s stock after purchasing an additional 42,091 shares during the period. William Blair Investment Management LLC owned approximately 0.60% of Aura Minerals worth $25,021,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Global Retirement Partners LLC purchased a new stake in shares of Aura Minerals in the fourth quarter valued at $34,000. Quarry LP purchased a new stake in shares of Aura Minerals in the third quarter valued at $37,000. Shell Asset Management Co. purchased a new stake in shares of Aura Minerals in the third quarter valued at $43,000. Banque Cantonale Vaudoise purchased a new stake in shares of Aura Minerals in the third quarter valued at $108,000. Finally, BNP Paribas Financial Markets purchased a new stake in shares of Aura Minerals in the third quarter valued at $145,000.

Insider Activity

In other Aura Minerals news, CEO Rodrigo Cardoso Barbosa sold 60,000 shares of the firm’s stock in a transaction dated Monday, May 11th. The stock was sold at an average price of $81.43, for a total transaction of $4,885,800.00. Following the transaction, the chief executive officer directly owned 794,745 shares in the company, valued at $64,716,085.35. This trade represents a 7.02% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Mauad Bruno Sousa sold 38,384 shares of the firm’s stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of $83.95, for a total value of $3,222,336.80. Following the transaction, the director owned 576,973 shares in the company, valued at approximately $48,436,883.35. This trade represents a 6.24% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 168,384 shares of company stock worth $13,619,737.

Aura Minerals Price Performance

Shares of NASDAQ:AUGO opened at $72.58 on Tuesday. 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 $21.01 and a 1 year high of $110.32. The business has a fifty day simple moving average of $83.69 and a 200 day simple moving average of $66.51. The firm has a market cap of $6.08 billion and a price-to-earnings ratio of 67.20.

Aura Minerals (NASDAQ:AUGO) last announced its quarterly earnings data on Wednesday, May 20th. The company reported $999.00 earnings per share (EPS) for the quarter. Aura Minerals had a return on equity of 111.96% and a net margin of 7.80%. As a group, sell-side analysts predict that Aura Minerals Inc. will post 10.08 earnings per share for the current fiscal year.

Aura Minerals Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, May 26th. Shareholders of record on Tuesday, May 19th will be issued a dividend of $0.78 per share. This represents a $3.12 annualized dividend and a yield of 4.3%. This is an increase from Aura Minerals’s previous quarterly dividend of $0.66. The ex-dividend date is Tuesday, May 19th. Aura Minerals’s dividend payout ratio is 288.89%.

Wall Street Analyst Weigh In

Several analysts recently issued reports on AUGO shares. Wall Street Zen upgraded Aura Minerals from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. JPMorgan Chase & Co. started coverage on Aura Minerals in a report on Wednesday, February 25th. They set an “overweight” rating and a $105.00 price objective for the company. Zacks Research lowered Aura Minerals from a “strong-buy” rating to a “strong sell” rating in a report on Monday, April 27th. Finally, Weiss Ratings upgraded Aura Minerals from a “hold (c)” rating to a “buy (b-)” rating in a report on Thursday. Four research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Aura Minerals presently has a consensus rating of “Moderate Buy” and a consensus 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.