BW Gestao de Investimentos Ltda. Acquires New Position in Aura Minerals Inc. $AUGO

BW Gestao de Investimentos Ltda. bought a new position in shares of Aura Minerals Inc. (NASDAQ:AUGO) in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 111,729 shares of the company’s stock, valued at approximately $4,157,000. BW Gestao de Investimentos Ltda. owned 0.14% of Aura Minerals as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Legal & General Group Plc bought a new stake in shares of Aura Minerals in the third quarter valued at approximately $317,000. Banque Cantonale Vaudoise purchased a new stake in shares of Aura Minerals during the 3rd quarter valued at approximately $108,000. SPX Gestao de Recursos Ltda bought a new position in Aura Minerals in the 3rd quarter worth approximately $29,988,000. Geo Capital Gestora de Recursos Ltd bought a new position in Aura Minerals in the 3rd quarter worth approximately $2,802,000. Finally, William Blair Investment Management LLC purchased a new position in Aura Minerals in the 3rd quarter valued at approximately $16,901,000.

Analyst Ratings Changes

AUGO has been the topic of a number of analyst reports. JPMorgan Chase & Co. began coverage on shares of Aura Minerals in a report on Wednesday, February 25th. They set an “overweight” rating and a $105.00 target price on the stock. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Aura Minerals in a report on Monday, December 29th. The Goldman Sachs Group boosted their price objective on Aura Minerals from $46.60 to $52.80 and gave the company a “buy” rating in a research note on Wednesday, December 3rd. Wall Street Zen cut Aura Minerals from a “strong-buy” rating to a “buy” rating in a report on Sunday, February 22nd. Finally, Zacks Research upgraded Aura Minerals from a “hold” rating to a “strong-buy” rating in a research note on Monday, March 2nd. One 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 MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $67.60.

Aura Minerals Price Performance

NASDAQ AUGO opened at $80.72 on Tuesday. The business has a 50 day moving average price of $67.75. The company has a quick ratio of 0.75, a current ratio of 0.97 and a debt-to-equity ratio of 1.17. Aura Minerals Inc. has a 1 year low of $14.69 and a 1 year high of $90.19. The stock has a market cap of $6.74 billion and a PE ratio of -76.88.

Aura Minerals Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, March 18th. Stockholders of record on Wednesday, March 11th will be issued a $0.66 dividend. The ex-dividend date of this dividend is Wednesday, March 11th. This represents a $2.64 annualized dividend and a dividend yield of 3.3%. Aura Minerals’s dividend payout ratio is presently -182.86%.

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.