Aura Minerals (NASDAQ:AUGO) Director Sells $10,353,000.00 in Stock

Key Points

• Director sale: Aura Minerals director Mauad Bruno Sousa sold 127,500 shares at an average $81.20, worth $10.35 million. His remaining stake fell 43.83% to 163,366 shares.
• Stock and financials: AUGO traded at $84.60, near the analysts’ consensus target of $79.27. The company reported quarterly EPS of $2.57 on $335.97 million in revenue, with a 23.18% net margin.
• Analyst sentiment and dividend: Analyst ratings average “Hold,” while recent recommendations ranged from “Buy” to “Strong Sell.” Aura paid a $0.72 quarterly dividend, equivalent to a 3.4% yield and an 81.36% payout ratio.

Aura Minerals Inc. (NASDAQ:AUGO - Get Free Report) Director Mauad Bruno Sousa sold 127,500 shares of the firm's stock in a transaction on Monday, August 31st. The shares were sold at an average price of $81.20, for a total value of $10,353,000.00. Following the transaction, the director owned 163,366 shares in the company, valued at approximately $13,265,319.20. This represents a 43.83% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Mauad Bruno Sousa also recently made the following trade(s):

• On Monday, August 31st, Mauad Bruno Sousa acquired 10 shares of Aura Minerals stock. The shares were acquired at an average cost of $79.89 per share, for a total transaction of $798.90.
• On Friday, August 28th, Mauad Bruno Sousa sold 157,500 shares of Aura Minerals stock. The shares were sold at an average price of $86.73, for a total transaction of $13,659,975.00.
• On Friday, August 28th, Mauad Bruno Sousa acquired 252,000 shares of Aura Minerals stock. The shares were acquired at an average price of $86.48 per share, with a total value of $21,792,960.00.
• On Monday, August 24th, Mauad Bruno Sousa sold 120,757 shares of Aura Minerals stock. The stock was sold at an average price of $88.45, for a total value of $10,680,956.65.
• On Friday, August 21st, Mauad Bruno Sousa sold 222,652 shares of Aura Minerals stock. The stock was sold at an average price of $88.11, for a total value of $19,617,867.72.
• On Thursday, August 20th, Mauad Bruno Sousa sold 125,000 shares of Aura Minerals stock. The shares were sold at an average price of $86.00, for a total value of $10,750,000.00.
• On Wednesday, August 19th, Mauad Bruno Sousa sold 280,000 shares of Aura Minerals stock. The stock was sold at an average price of $81.67, for a total value of $22,867,600.00.
• On Monday, August 17th, Mauad Bruno Sousa purchased 11,000 shares of Aura Minerals stock. The stock was acquired at an average price of $78.93 per share, for a total transaction of $868,230.00.

Aura Minerals Stock Performance

AUGO traded up $5.56 during trading on Wednesday, reaching $84.60. 721,114 shares of the company's stock were exchanged, compared to its average volume of 1,047,665. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.06 and a quick ratio of 0.82. Aura Minerals Inc. has a 1 year low of $29.11 and a 1 year high of $110.32. The company's fifty day simple moving average is $66.95 and its 200-day simple moving average is $74.43. The stock has a market capitalization of $7.09 billion, a P/E ratio of 18.60 and a beta of 0.28.

Aura Minerals (NASDAQ:AUGO - Get Free Report) last issued its earnings results on Tuesday, June 30th. The company reported $2.57 earnings per share (EPS) for the quarter. Aura Minerals had a net margin of 23.18% and a return on equity of 103.62%. The firm had revenue of $335.97 million during the quarter. As a group, research analysts predict that Aura Minerals Inc. will post 5.5 earnings per share for the current fiscal year.

Aura Minerals Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, August 28th. Investors of record on Tuesday, August 18th were issued a dividend of $0.72 per share. This represents a $2.88 annualized dividend and a yield of 3.4%. The ex-dividend date of this dividend was Tuesday, August 18th. Aura Minerals's dividend payout ratio (DPR) is 81.36%.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of AUGO. Triumph Capital Management grew its position in shares of Aura Minerals by 32.4% in the second quarter. Triumph Capital Management now owns 596 shares of the company's stock valued at $38,000 after purchasing an additional 146 shares in the last quarter. Hollencrest Capital Management boosted its stake in Aura Minerals by 307.7% during the fourth quarter. Hollencrest Capital Management now owns 795 shares of the company's stock worth $40,000 after buying an additional 600 shares during the last quarter. Global Retirement Partners LLC purchased a new stake in Aura Minerals in the 4th quarter valued at $34,000. Virtus Advisers LLC increased its stake in shares of Aura Minerals by 46.4% in the 4th quarter. Virtus Advisers LLC now owns 2,635 shares of the company's stock worth $133,000 after acquiring an additional 835 shares during the last quarter. Finally, Quarry LP acquired a new stake in shares of Aura Minerals in the 3rd quarter worth $37,000.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the stock. Santander lowered shares of Aura Minerals from an "outperform" rating to a "neutral" rating in a report on Monday. Weiss Ratings upgraded 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 raised shares of Aura Minerals from a "hold" rating to a "buy" rating in a research note on Saturday. JPMorgan Chase & Co. cut their price objective on Aura Minerals from $104.50 to $91.00 and set an "overweight" rating for the company in a research note on Thursday, July 16th. Finally, Zacks Research downgraded Aura Minerals from a "hold" rating to a "strong sell" rating in a research report on Tuesday, July 28th. Three equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus 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.

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