Insider Selling: Aura Minerals (NASDAQ:AUGO) Director Sells 11,356 Shares of Stock

Key Points

• Aura Minerals Director Mauad Sousa sold 11,356 shares for about $905,755 at an average price of $79.76, reducing his position by 6.2% to 171,690 shares.
• Sousa also sold 7,495 shares the previous day, continuing a series of reported stock sales in recent months.
• Aura shares fell 3.2% to $75.47 in Friday trading. The company declared a quarterly dividend of $0.72 per share, equivalent to a 3.8% annualized yield; analysts’ consensus rating was “Moderate Buy.”

Aura Minerals Inc. (NASDAQ:AUGO - Get Free Report) Director Mauad Sousa sold 11,356 shares of the stock in a transaction dated Thursday, November 12th. The stock was sold at an average price of $79.76, for a total transaction of $905,754.56. Following the sale, the director directly owned 171,690 shares in the company, valued at $13,693,994.40. This represents a 6.20% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link.

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

• On Wednesday, November 11th, Mauad Sousa sold 7,495 shares of Aura Minerals stock. The shares were sold at an average price of $82.85, for a total transaction of $620,960.75.
• On Tuesday, September 22nd, Mauad Sousa sold 166,000 shares of Aura Minerals stock. The shares were sold at an average price of $90.65, for a total transaction of $15,047,900.00.
• On Thursday, September 17th, Mauad Sousa sold 73,925 shares of Aura Minerals stock. The shares were sold at an average price of $92.40, for a total transaction of $6,830,670.00.
• On Friday, September 11th, Mauad Sousa sold 54,991 shares of Aura Minerals stock. The shares were sold at an average price of $87.40, for a total transaction of $4,806,213.40.
• On Wednesday, September 9th, Mauad Sousa sold 53,627 shares of Aura Minerals stock. The shares were sold at an average price of $86.61, for a total transaction of $4,644,634.47.
• On Tuesday, September 1st, Mauad Sousa purchased 1 shares of Aura Minerals stock. The stock was acquired at an average price of $81.10 per share, with a total value of $81.10.
• On Monday, August 31st, Mauad Sousa sold 127,500 shares of Aura Minerals stock. The stock was sold at an average price of $81.20, for a total transaction of $10,353,000.00.
• On Monday, August 31st, Mauad Sousa acquired 10 shares of Aura Minerals stock. The shares were bought at an average cost of $79.89 per share, for a total transaction of $798.90.
• On Friday, August 28th, Mauad Sousa sold 157,500 shares of Aura Minerals stock. The stock was sold at an average price of $86.73, for a total value of $13,659,975.00.
• On Friday, August 28th, Mauad Sousa acquired 252,000 shares of Aura Minerals stock. The stock was bought at an average price of $86.48 per share, for a total transaction of $21,792,960.00.

Aura Minerals Stock Down 3.2%

NASDAQ:AUGO traded down $2.47 during midday trading on Friday, reaching $75.47. The company had a trading volume of 126,677 shares, compared to its average volume of 974,208. The firm has a market capitalization of $6.32 billion, a price-to-earnings ratio of 14.91, a PEG ratio of 0.23 and a beta of 0.82. The stock's fifty day simple moving average is $82.42 and its 200-day simple moving average is $76.16. Aura Minerals Inc. has a 12-month low of $33.91 and a 12-month high of $110.32. The company has a current ratio of 1.30, a quick ratio of 1.07 and a debt-to-equity ratio of 1.08.

Aura Minerals Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, November 27th. Shareholders of record on Wednesday, November 18th will be issued a dividend of $0.72 per share. The ex-dividend date is Wednesday, November 18th. This represents a $2.88 annualized dividend and a yield of 3.8%. Aura Minerals's dividend payout ratio is 56.92%.

Analyst Ratings Changes

A number of research firms have issued reports on AUGO. Santander lowered Aura Minerals from an "outperform" rating to a "neutral" rating in a research report on Monday, August 31st. Scotiabank began coverage on Aura Minerals in a research report on Thursday, September 17th. They set a "sector outperform" rating and a $110.00 price objective for the company. JPMorgan Chase & Co. cut their target price on shares of Aura Minerals from $104.50 to $91.00 and set an "overweight" rating on the stock in a research note on Thursday, July 16th. Wall Street Zen cut shares of Aura Minerals from a "strong-buy" rating to a "buy" rating in a report on Sunday, November 8th. Finally, Zacks Research upgraded shares of Aura Minerals from a "strong sell" rating to a "hold" rating in a research note on Monday, September 7th. Five analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $86.95.

Hedge Funds Weigh In On Aura Minerals

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Parallel Advisors LLC acquired a new stake in Aura Minerals during the third quarter worth approximately $38,000. Pinnacle Wealth Planning Services Inc. purchased a new stake in shares of Aura Minerals during the 3rd quarter worth approximately $42,000. Triumph Capital Management boosted its holdings in shares of Aura Minerals by 32.4% in the 2nd quarter. Triumph Capital Management now owns 596 shares of the company's stock valued at $38,000 after buying an additional 146 shares in the last quarter. GAMMA Investing LLC boosted its holdings in shares of Aura Minerals by 522.2% in the 3rd quarter. GAMMA Investing LLC now owns 616 shares of the company's stock valued at $48,000 after buying an additional 517 shares in the last quarter. Finally, Global Retirement Partners LLC boosted its holdings in shares of Aura Minerals by 20,771.4% in the 3rd quarter. Global Retirement Partners LLC now owns 1,461 shares of the company's stock valued at $115,000 after buying an additional 1,454 shares in the last quarter.

Aura Minerals Company Profile

Aura Minerals is a mining company focused on exploring, developing and operating gold and copper properties in the Americas. Its operations also produce silver as a byproduct at some sites. The company's portfolio includes mines and projects in Brazil, Mexico and Honduras. Its activities span the mining lifecycle, from resource exploration and project development to the production and sale of metals. Aura Minerals is led by Chief Executive Officer Rodrigo Barbosa. The company has expanded its portfolio over time through mine development and acquisitions.

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