Aura Minerals (NASDAQ:AUGO) CFO Santos Cardoso Joao Kleber Dos Sells 2,066 Shares

Aura Minerals Inc. (NASDAQ:AUGO) CFO Santos Cardoso Joao Kleber Dos sold 2,066 shares of the stock in a transaction on Monday, August 17th. The stock was sold at an average price of $80.00, for a total value of $165,280.00. Following the completion of the transaction, the chief financial officer directly owned 106,045 shares in the company, valued at $8,483,600. This trade represents a 1.91% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Santos Cardoso Joao Kleber Dos also recently made the following trade(s):

• On Friday, August 7th, Santos Cardoso Joao Kleber Dos sold 10,000 shares of Aura Minerals stock. The shares were sold at an average price of $70.03, for a total value of $700,300.00.
• On Tuesday, June 30th, Santos Cardoso Joao Kleber Dos sold 60,000 shares of Aura Minerals stock. The stock was sold at an average price of $61.95, for a total value of $3,717,000.00.

Aura Minerals Trading Down 2.9%

Shares of Aura Minerals stock traded down $2.30 during trading hours on Tuesday, reaching $76.24. The stock had a trading volume of 559,741 shares, compared to its average volume of 978,957. The firm has a 50 day simple moving average of $61.78 and a two-hundred day simple moving average of $73.11. The firm has a market capitalization of $6.39 billion and a price-to-earnings ratio of 21.54. The company has a current ratio of 1.06, a quick ratio of 0.82 and a debt-to-equity ratio of 0.82. Aura Minerals Inc. has a 1 year low of $26.63 and a 1 year high of $110.32.

Aura Minerals (NASDAQ:AUGO) last issued its earnings results on Tuesday, June 30th. The company reported $2.57 earnings per share (EPS) for the quarter. The business had revenue of $335.97 million during the quarter. Aura Minerals had a return on equity of 103.62% and a net margin of 23.18%. As a group, equities research analysts anticipate that Aura Minerals Inc. will post 5.55 earnings per share for the current year.

Aura Minerals Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, August 28th. Shareholders of record on Tuesday, August 18th will be paid a dividend of $0.72 per share. This represents a $2.88 annualized dividend and a yield of 3.8%. The ex-dividend date is Tuesday, August 18th. Aura Minerals’s payout ratio is currently 81.36%.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in AUGO. Bank of America Corp DE increased its stake 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 buying an additional 291,623 shares during the period. Robeco Schweiz AG purchased a new position in Aura Minerals in the 4th quarter valued at about $13,108,000. Sagil Capital LLP purchased a new position in Aura Minerals in the 4th quarter valued at about $7,864,000. Hussman Strategic Advisors Inc. acquired a new stake in shares of Aura Minerals during the fourth quarter valued at about $1,286,000. Finally, Bleakley Financial Group LLC acquired a new stake in shares of Aura Minerals during the first quarter valued at about $2,100,000.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on AUGO shares. Bank of America cut their target price on shares of Aura Minerals from $122.00 to $94.00 and set a “buy” rating on the stock in a research note on Thursday, July 9th. Weiss Ratings raised shares of Aura Minerals from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, August 7th. Wall Street Zen downgraded Aura Minerals from a “buy” rating to a “hold” rating in a report on Saturday, August 8th. JPMorgan Chase & Co. cut their price objective on Aura Minerals from $104.50 to $91.00 and set an “overweight” rating on the stock in a research report on Thursday, July 16th. Finally, Zacks Research cut Aura Minerals from a “hold” rating to a “strong sell” rating in a research note on Tuesday, July 28th. Three investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $79.27.

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.