Insider Selling: Aura Minerals (NASDAQ:AUGO) Director Sells $620,960.75 in Stock

Key Points

• Director Mauad Sousa sold 7,495 Aura Minerals shares for about $620,961, reducing his stake by 3.93% to 183,046 shares, valued at roughly $15.2 million.
• Aura shares fell 2.1% to $79.68 in Thursday trading. The company declared a quarterly dividend of $0.72 per share, equivalent to a 3.6% annualized yield.
• Analysts’ consensus rating is “Moderate Buy”, with a consensus price target of $86.95; five analysts rate the stock Buy and two rate it Hold.

Aura Minerals Inc. (NASDAQ:AUGO - Get Free Report) Director Mauad Sousa sold 7,495 shares of the firm's stock in a transaction that occurred on Wednesday, November 11th. The stock was sold at an average price of $82.85, for a total transaction of $620,960.75. Following the sale, the director owned 183,046 shares in the company, valued at $15,165,361.10. This trade represents a 3.93% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

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

• 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 acquired 1 shares of Aura Minerals stock. The shares were bought at an average cost 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 price 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 shares were sold at an average price of $86.73, for a total transaction 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 cost of $86.48 per share, for a total transaction of $21,792,960.00.
• On Monday, August 24th, Mauad Sousa sold 120,757 shares of Aura Minerals stock. The shares were sold at an average price of $88.45, for a total transaction of $10,680,956.65.

Aura Minerals Stock Down 2.1%

NASDAQ AUGO traded down $1.72 on Thursday, reaching $79.68. The company had a trading volume of 156,120 shares, compared to its average volume of 974,854. The firm has a market capitalization of $6.68 billion, a price-to-earnings ratio of 15.75, a price-to-earnings-growth ratio of 0.23 and a beta of 0.82. The company has a debt-to-equity ratio of 1.08, a quick ratio of 1.07 and a current ratio of 1.30. Aura Minerals Inc. has a 1-year low of $33.91 and a 1-year high of $110.32. The company's fifty day moving average is $82.55 and its 200-day moving average is $76.12.

Aura Minerals Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, November 27th. Shareholders of record on Wednesday, November 18th will be paid a $0.72 dividend. The ex-dividend date of this dividend is Wednesday, November 18th. This represents a $2.88 annualized dividend and a dividend yield of 3.6%. Aura Minerals's dividend payout ratio (DPR) is currently 56.92%.

Institutional Investors Weigh In On Aura Minerals

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Meeder Asset Management Inc. acquired a new position in Aura Minerals during the third quarter valued at approximately $119,000. Global Retirement Partners LLC grew its stake in Aura Minerals by 20,771.4% in the third quarter. Global Retirement Partners LLC now owns 1,461 shares of the company's stock valued at $115,000 after purchasing an additional 1,454 shares in the last quarter. Banco Santander S.A. increased its position in shares of Aura Minerals by 54.3% during the 3rd quarter. Banco Santander S.A. now owns 24,790 shares of the company's stock worth $1,950,000 after purchasing an additional 8,721 shares during the last quarter. Russell Investments Group Ltd. increased its position in shares of Aura Minerals by 249.9% during the 3rd quarter. Russell Investments Group Ltd. now owns 14,049 shares of the company's stock worth $1,105,000 after purchasing an additional 10,034 shares during the last quarter. Finally, Eurizon Capital SGR S.p.A. acquired a new position in shares of Aura Minerals during the 3rd quarter worth approximately $141,000.

Wall Street Analyst Weigh In

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

About Aura Minerals

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.