Mauad Bruno Sousa Sells 53,627 Shares of Aura Minerals (NASDAQ:AUGO) Stock

by · The Markets Daily

Aura Minerals Inc. (NASDAQ:AUGO – Get Free Report) Director Mauad Sousa sold 53,627 shares of the firm’s stock in a transaction that occurred on Wednesday, September 9th. The stock was sold at an average price of $86.61, for a total transaction of $4,644,634.47. Following the sale, the director owned 125,031 shares in the company, valued at approximately $10,828,934.91. This trade represents a 30.02% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.

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

  • On Tuesday, September 1st, Mauad Sousa bought 1 shares of Aura Minerals stock. The stock was purchased 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 shares were sold at an average price of $81.20, for a total value of $10,353,000.00.
  • On Monday, August 31st, Mauad Sousa purchased 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 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 acquired at an average cost of $86.48 per share, with a total value of $21,792,960.00.
  • On Monday, August 24th, Mauad 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 Sousa sold 222,652 shares of Aura Minerals stock. The shares were sold at an average price of $88.11, for a total transaction of $19,617,867.72.
  • On Thursday, August 20th, Mauad Sousa sold 125,000 shares of Aura Minerals stock. The stock was sold at an average price of $86.00, for a total transaction of $10,750,000.00.
  • On Wednesday, August 19th, Mauad Sousa sold 280,000 shares of Aura Minerals stock. The shares were sold at an average price of $81.67, for a total transaction of $22,867,600.00.
  • On Monday, August 17th, Mauad Sousa purchased 11,000 shares of Aura Minerals stock. The shares were bought at an average cost of $78.93 per share, with a total value of $868,230.00.

Aura Minerals Trading Up 0.8%

NASDAQ:AUGO traded up $0.69 during trading hours on Thursday, reaching $86.01. 1,290,053 shares of the company were exchanged, compared to its average volume of 889,434. The firm has a market cap of $7.21 billion, a price-to-earnings ratio of 20.08 and a beta of 0.28. The stock has a 50 day simple moving average of $69.81 and a 200 day simple moving average of $75.09. Aura Minerals Inc. has a 52-week low of $29.11 and a 52-week high of $110.32. 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 (NASDAQ:AUGO – Get Free Report) last released its quarterly earnings data on Tuesday, June 30th. The company reported $2.57 EPS for the quarter. Aura Minerals had a return on equity of 103.62% and a net margin of 23.18%.The business had revenue of $335.97 million during the quarter. As a group, analysts predict that Aura Minerals Inc. will post 5.38 EPS for the current year.

Aura Minerals Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 28th. Stockholders of record on Tuesday, August 18th were paid a $0.72 dividend. This represents a $2.88 annualized dividend and a dividend yield of 3.3%. The ex-dividend date of this dividend was Tuesday, August 18th. Aura Minerals’s payout ratio is currently 81.36%.

Analyst Ratings Changes

A number of research analysts have recently issued reports on the stock. 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. Bank of America dropped their price objective on shares of Aura Minerals from $122.00 to $94.00 and set a “buy” rating on the stock in a report on Thursday, July 9th. JPMorgan Chase & Co. decreased their price objective on Aura Minerals from $104.50 to $91.00 and set an “overweight” rating for the company in a report on Thursday, July 16th. Zacks Research raised Aura Minerals from a “strong sell” rating to a “hold” rating in a research note on Monday. Finally, Wall Street Zen lowered shares of Aura Minerals from a “buy” rating to a “hold” rating in a research note on Sunday. Three investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $79.27.

View Our Latest Stock Analysis on Aura Minerals

Hedge Funds Weigh In On Aura Minerals

Several institutional investors and hedge funds have recently bought and sold shares of AUGO. Triumph Capital Management acquired a new stake in shares of Aura Minerals during the fourth quarter worth approximately $25,000. Global Retirement Partners LLC bought a new position in Aura Minerals during the fourth quarter valued at about $34,000. Quarry LP acquired a new stake in shares of Aura Minerals in the third quarter worth about $37,000. Hollencrest Capital Management lifted its position in shares of Aura Minerals by 307.7% in 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. Finally, Banque Cantonale Vaudoise bought a new stake in shares of Aura Minerals during the 3rd quarter worth about $108,000.

About Aura Minerals

(Get Free Report)

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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