Aura Minerals Inc. (NASDAQ:AUGO) Declares $0.72 Quarterly Dividend

Key Points

• Aura Minerals declared a quarterly dividend of $0.72 per share, payable September 8 to shareholders of record on August 18; the dividend implies a 4.4% annualized yield.
• Aura reported quarterly revenue of $335.97 million and earnings of $2.57 per share, with a 7.80% net margin and 111.96% return on equity.
• Shares recently traded at $65.73, while insiders sold a combined 403,092 shares worth approximately $30.45 million over the past three months under pre-arranged trading plans.

Aura Minerals Inc. (NASDAQ:AUGO - Get Free Report) announced a quarterly dividend on Wednesday, August 5th. Investors of record on Tuesday, August 18th will be paid a dividend of 0.72 per share on Tuesday, September 8th. This represents a c) dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date is Tuesday, August 18th.

Aura Minerals Stock Performance

Shares of AUGO stock traded down $0.03 during mid-day trading on Thursday, hitting $65.73. 438,568 shares of the stock were exchanged, compared to its average volume of 987,536. 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 has a 12-month low of $24.70 and a 12-month high of $110.32. The stock has a market capitalization of $5.51 billion and a price-to-earnings ratio of 61.05. The stock's fifty day simple moving average is $60.68 and its two-hundred day simple moving average is $72.59.

Aura Minerals (NASDAQ:AUGO - Get Free Report) last announced its earnings results on Tuesday, June 30th. The company reported $2.57 earnings per share for the quarter. Aura Minerals had a net margin of 7.80% and a return on equity of 111.96%. The business had revenue of $335.97 million during the quarter. On average, analysts forecast that Aura Minerals will post 5.55 EPS for the current year.

Insider Buying and Selling at Aura Minerals

In related news, 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 stock was sold at an average price of $61.95, for a total value of $3,717,000.00. Following the completion of the sale, the chief financial officer directly owned 118,111 shares in the company, valued at approximately $7,316,976.45. The trade was a 33.69% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Luvizotto Glauber Rosa sold 19,010 shares of the firm's stock in a transaction on Thursday, July 2nd. The stock was sold at an average price of $65.23, for a total value of $1,240,022.30. Following the transaction, the chief operating officer owned 390,628 shares in the company, valued at approximately $25,480,664.44. This trade represents a 4.64% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 403,092 shares of company stock valued at $30,450,738 in the last three months.

Institutional Investors Weigh In On Aura Minerals

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Triumph Capital Management bought a new stake in shares of Aura Minerals during the 4th quarter valued at approximately $25,000. Global Retirement Partners LLC bought a new stake in shares of Aura Minerals during the 4th quarter worth $34,000. Quarry LP bought a new position in Aura Minerals in the third quarter valued at $37,000. Hollencrest Capital Management raised its position in Aura Minerals by 307.7% during the fourth quarter. Hollencrest Capital Management now owns 795 shares of the company's stock valued at $40,000 after purchasing an additional 600 shares in the last quarter. Finally, Banque Cantonale Vaudoise purchased a new position in Aura Minerals in the 3rd quarter worth $108,000.

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.

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