Citigroup Inc. Purchases New Shares in Aura Minerals Inc. $AUGO

Citigroup Inc. purchased a new position in Aura Minerals Inc. (NASDAQ:AUGO) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 54,460 shares of the company’s stock, valued at approximately $1,997,000. Citigroup Inc. owned 0.07% of Aura Minerals as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Shell Asset Management Co. purchased a new position in Aura Minerals during the third quarter valued at $43,000. State of Wyoming purchased a new stake in shares of Aura Minerals in the 3rd quarter worth about $164,000. Diversified Trust Co bought a new position in shares of Aura Minerals in the 3rd quarter worth about $216,000. Y Intercept Hong Kong Ltd bought a new position in shares of Aura Minerals in the 3rd quarter worth about $646,000. Finally, Ashoka WhiteOak Capital Pte Ltd purchased a new position in Aura Minerals during the 3rd quarter valued at about $874,000.

Analyst Ratings Changes

AUGO has been the topic of several research reports. Zacks Research raised shares of Aura Minerals from a “hold” rating to a “strong-buy” rating in a research note on Monday, March 2nd. Wall Street Zen lowered shares of Aura Minerals from a “strong-buy” rating to a “buy” rating in a report on Sunday, February 22nd. Weiss Ratings reissued a “hold (c)” rating on shares of Aura Minerals in a research report on Monday, December 29th. The Goldman Sachs Group upped their price target on Aura Minerals from $46.60 to $52.80 and gave the stock a “buy” rating in a research note on Wednesday, December 3rd. Finally, JPMorgan Chase & Co. began coverage on Aura Minerals in a research report on Wednesday, February 25th. They set an “overweight” rating and a $105.00 price objective for the company. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of $67.60.

Aura Minerals Stock Performance

NASDAQ:AUGO opened at $80.60 on Monday. The company has a market cap of $6.73 billion and a price-to-earnings ratio of -76.76. The company has a debt-to-equity ratio of 1.17, a quick ratio of 0.75 and a current ratio of 0.97. Aura Minerals Inc. has a fifty-two week low of $14.69 and a fifty-two week high of $90.19. The company’s 50-day moving average price is $67.13.

Aura Minerals Announces Dividend

The company also recently declared a dividend, which will be paid on Wednesday, March 18th. Stockholders of record on Wednesday, March 11th will be issued a dividend of $0.66 per share. The ex-dividend date is Wednesday, March 11th. Aura Minerals’s dividend payout ratio is presently -182.86%.

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.