Hussman Strategic Advisors Inc. Invests $1.29 Million in Aura Minerals Inc. $AUGO

Key Points

• Hussman Strategic Advisors bought a new position of 25,500 shares in Aura Minerals (NASDAQ:AUGO) in Q4, valued at approximately $1.29 million, while other institutions including JPMorgan and Capital World Investors established much larger stakes.
• AUGO opened at $82.16 and trades in a 52‑week range of $17.98–$110.32 with a market cap of $6.88B; the company reported a quarterly loss of $0.24 EPS on $321.7M revenue and carries a negative P/E of -78.25.
• Aura paid a quarterly dividend of $0.66 (annualized yield ~3.2%) despite a negative payout ratio, and analyst coverage is mixed with a consensus "Hold" rating and an average price target of $67.60.

Hussman Strategic Advisors Inc. bought a new position in shares of Aura Minerals Inc. (NASDAQ:AUGO - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 25,500 shares of the company's stock, valued at approximately $1,286,000.

A number of other large investors have also modified their holdings of the business. Citigroup Inc. acquired a new stake in shares of Aura Minerals in the 3rd quarter worth approximately $1,997,000. JPMorgan Chase & Co. acquired a new stake in shares of Aura Minerals in the 3rd quarter worth approximately $27,097,000. Artisan Partners Limited Partnership acquired a new stake in shares of Aura Minerals in the 3rd quarter worth approximately $1,819,000. Diversified Trust Co. grew its holdings in shares of Aura Minerals by 194.8% in the 4th quarter. Diversified Trust Co. now owns 17,100 shares of the company's stock worth $862,000 after acquiring an additional 11,300 shares during the period. Finally, Capital World Investors acquired a new stake in shares of Aura Minerals in the 3rd quarter worth approximately $60,284,000.

Aura Minerals Price Performance

AUGO stock opened at $82.16 on Monday. Aura Minerals Inc. has a 52-week low of $17.98 and a 52-week high of $110.32. The stock's fifty day simple moving average is $85.02 and its 200-day simple moving average is $61.80. The company has a quick ratio of 0.75, a current ratio of 0.97 and a debt-to-equity ratio of 1.17. The stock has a market capitalization of $6.88 billion and a price-to-earnings ratio of -78.25.

Aura Minerals (NASDAQ:AUGO - Get Free Report) last posted its quarterly earnings data on Saturday, February 14th. The company reported ($0.24) earnings per share (EPS) for the quarter. Aura Minerals had a positive return on equity of 94.81% and a negative net margin of 8.61%.The business had revenue of $321.66 million for the quarter. Equities research analysts expect that Aura Minerals Inc. will post 10.73 EPS for the current year.

Aura Minerals Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 18th. Investors of record on Wednesday, March 11th were given a $0.66 dividend. This represents a $2.64 annualized dividend and a dividend yield of 3.2%. The ex-dividend date of this dividend was Wednesday, March 11th. Aura Minerals's dividend payout ratio (DPR) is -251.43%.

Analyst Upgrades and Downgrades

AUGO has been the topic of a number of research reports. Zacks Research cut Aura Minerals from a "strong-buy" rating to a "strong sell" rating in a report on Monday, April 27th. JPMorgan Chase & Co. initiated coverage on Aura Minerals in a report on Wednesday, February 25th. They issued an "overweight" rating and a $105.00 price target on the stock. Wall Street Zen upgraded Aura Minerals from a "hold" rating to a "buy" rating in a report on Saturday. Finally, Weiss Ratings restated a "hold (c)" rating on shares of Aura Minerals in a report on Friday, March 27th. Three analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $67.60.

Insider Buying and Selling at Aura Minerals

In related news, CEO Rodrigo Cardoso Barbosa sold 10,000 shares of the stock in a transaction on Thursday, March 19th. The stock was sold at an average price of $65.82, for a total value of $658,200.00. Following the transaction, the chief executive officer directly owned 859,745 shares of the company's stock, valued at approximately $56,588,415.90. This trade represents a 1.15% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Aura Minerals 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.

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