Santos Cardoso Joao Kleber Dos Sells 2,066 Shares of Aura Minerals (NASDAQ:AUGO) Stock

Key Points

• Aura Minerals CFO Santos Cardoso Joao Kleber Dos sold 2,066 shares at an average price of $80, receiving $165,280 under a pre-arranged Rule 10b5-1 trading plan. He retains 106,045 shares valued at roughly $8.48 million.
• The CFO has also sold 70,000 shares in two earlier transactions, bringing his recent total sales to 72,066 shares.
• AUGO traded at $76.24, while analysts’ consensus rating is “Hold” with an average price target of $79.27; the company reported $2.57 quarterly EPS and maintains a 3.8% dividend yield.

Aura Minerals Inc. (NASDAQ:AUGO - Get Free Report) CFO Santos Cardoso Joao Kleber Dos sold 2,066 shares of the business's stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $80.00, for a total transaction of $165,280.00. Following the sale, the chief financial officer directly owned 106,045 shares in the company, valued at approximately $8,483,600. This represents a 1.91% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Santos Cardoso Joao Kleber Dos also recently made the following trade(s):

• On Friday, August 7th, Santos Cardoso Joao Kleber Dos sold 10,000 shares of Aura Minerals stock. The stock was sold at an average price of $70.03, for a total transaction of $700,300.00.
• On Tuesday, June 30th, Santos Cardoso Joao Kleber Dos sold 60,000 shares of Aura Minerals stock. The shares were sold at an average price of $61.95, for a total transaction of $3,717,000.00.

Aura Minerals Price Performance

Shares of AUGO stock traded down $2.30 during midday trading on Tuesday, reaching $76.24. 559,741 shares of the company traded hands, compared to its average volume of 978,957. The firm's 50 day simple moving average is $61.78 and its two-hundred day simple moving average is $73.11. The firm has a market cap of $6.39 billion and a PE ratio of 21.54. 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 $26.63 and a 1-year high of $110.32.

Aura Minerals (NASDAQ:AUGO - Get Free Report) last released its quarterly earnings data on Tuesday, June 30th. The company reported $2.57 earnings per share for the quarter. The firm had revenue of $335.97 million during the quarter. Aura Minerals had a return on equity of 103.62% and a net margin of 23.18%. On average, equities research analysts expect that Aura Minerals Inc. will post 5.55 EPS for the current fiscal year.

Aura Minerals Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, August 28th. Investors of record on Tuesday, August 18th will be given a $0.72 dividend. The ex-dividend date is Tuesday, August 18th. This represents a $2.88 annualized dividend and a dividend yield of 3.8%. Aura Minerals's payout ratio is currently 81.36%.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on AUGO. Zacks Research cut shares of Aura Minerals from a "hold" rating to a "strong sell" rating in a research note on Tuesday, July 28th. JPMorgan Chase & Co. lowered their target price on Aura Minerals from $104.50 to $91.00 and set an "overweight" rating on the stock in a report on Thursday, July 16th. Weiss Ratings upgraded Aura Minerals from a "hold (c)" rating to a "hold (c+)" rating in a research report on Friday, August 7th. Wall Street Zen cut Aura Minerals from a "buy" rating to a "hold" rating in a research report on Saturday, August 8th. Finally, Bank of America cut their target price on shares of Aura Minerals from $122.00 to $94.00 and set a "buy" rating for the company in a research note on Thursday, July 9th. Three research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of "Hold" and an average target price of $79.27.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Bank of America Corp DE increased its stake in shares of Aura Minerals by 42.5% during the 1st quarter. Bank of America Corp DE now owns 977,212 shares of the company's stock valued at $79,740,000 after acquiring an additional 291,623 shares during the last quarter. SPX Gestao de Recursos Ltda boosted its position in shares of Aura Minerals by 8.8% in the fourth quarter. SPX Gestao de Recursos Ltda now owns 877,211 shares of the company's stock worth $44,225,000 after acquiring an additional 71,289 shares during the last quarter. Marshall Wace LLP grew its holdings in Aura Minerals by 32.7% in the fourth quarter. Marshall Wace LLP now owns 623,662 shares of the company's stock valued at $31,439,000 after purchasing an additional 153,828 shares during the period. Jennison Associates LLC purchased a new stake in Aura Minerals in the first quarter valued at approximately $50,378,000. Finally, William Blair Investment Management LLC increased its position in Aura Minerals by 9.3% during the fourth quarter. William Blair Investment Management LLC now owns 496,303 shares of the company's stock worth $25,021,000 after purchasing an additional 42,091 shares during the last quarter.

Aura Minerals Company 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.

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.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source