Aura Minerals (NASDAQ:AUGO) CFO Sells $3,717,000.00 in Stock

Aura Minerals Inc. (NASDAQ:AUGO) CFO Santos Cardoso Joao Kleber Dos sold 60,000 shares of the business’s stock in a transaction that occurred on Tuesday, June 30th. The shares were sold at an average price of $61.95, for a total transaction of $3,717,000.00. Following the sale, the chief financial officer owned 118,111 shares in the company, valued at $7,316,976.45. This represents a 33.69% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Aura Minerals Stock Down 3.7%

NASDAQ AUGO traded down $2.33 during trading on Wednesday, reaching $60.62. 917,229 shares of the company’s stock were exchanged, compared to its average volume of 1,128,530. The company’s fifty day simple moving average is $72.65 and its 200-day simple moving average is $71.57. The company has a current ratio of 0.98, a quick ratio of 0.75 and a debt-to-equity ratio of 1.03. The firm has a market capitalization of $5.08 billion and a PE ratio of 56.13. Aura Minerals Inc. has a fifty-two week low of $22.24 and a fifty-two week high of $110.32.

Aura Minerals (NASDAQ:AUGO) last announced its quarterly earnings data on Wednesday, May 20th. The company reported $999.00 EPS for the quarter. Aura Minerals had a net margin of 7.80% and a return on equity of 111.96%. Sell-side analysts predict that Aura Minerals Inc. will post 7.78 EPS for the current year.

Aura Minerals Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, May 26th. Shareholders of record on Tuesday, May 19th were given a dividend of $0.78 per share. The ex-dividend date of this dividend was Tuesday, May 19th. This is a positive change from Aura Minerals’s previous quarterly dividend of $0.66. This represents a $3.12 annualized dividend and a yield of 5.1%. Aura Minerals’s dividend payout ratio (DPR) is currently 288.89%.

Analyst Upgrades and Downgrades

Several equities analysts have commented on AUGO shares. Zacks Research upgraded Aura Minerals from a “strong sell” rating to a “hold” rating in a report on Monday. Weiss Ratings downgraded Aura Minerals from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday. Finally, Wall Street Zen raised Aura Minerals from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. Three investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $67.60.

Hedge Funds Weigh In On Aura Minerals

Hedge funds and other institutional investors have recently modified their holdings of the stock. Capital World Investors bought a new stake in shares of Aura Minerals during the 3rd quarter valued at $60,284,000. SPX Gestao de Recursos Ltda bought a new stake in Aura Minerals in the third quarter valued at about $29,988,000. JPMorgan Chase & Co. bought a new stake in Aura Minerals in the third quarter valued at about $27,097,000. Jennison Associates LLC acquired a new position in Aura Minerals in the first quarter valued at about $50,378,000. Finally, Bank of America Corp DE bought a new position in Aura Minerals during the third quarter worth about $17,623,000.

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.