Aura Minerals (NASDAQ:AUGO) CEO Rodrigo Cardoso Barbosa Sells 10,000 Shares of Stock

Aura Minerals Inc. (NASDAQ:AUGO) CEO Rodrigo Cardoso Barbosa sold 10,000 shares of the business’s stock in a transaction on Thursday, March 19th. The shares were sold at an average price of $65.82, for a total value of $658,200.00. Following the transaction, the chief executive officer owned 859,745 shares of the company’s stock, valued at approximately $56,588,415.90. The trade was a 1.15% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Rodrigo Cardoso Barbosa also recently made the following trade(s):

• On Friday, March 20th, Rodrigo Cardoso Barbosa sold 5,000 shares of Aura Minerals stock. The shares were sold at an average price of $61.75, for a total value of $308,750.00.

Aura Minerals Stock Performance

AUGO stock opened at $65.44 on Tuesday. Aura Minerals Inc. has a twelve month low of $15.00 and a twelve month high of $90.19. The firm has a market cap of $5.47 billion and a price-to-earnings ratio of -62.32. The business’s fifty day simple moving average is $72.25 and its two-hundred day simple moving average is $51.06. 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 Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 18th. Stockholders of record on Wednesday, March 11th were issued a $0.66 dividend. The ex-dividend date was Wednesday, March 11th. This represents a $2.64 dividend on an annualized basis and a dividend yield of 4.0%. Aura Minerals’s dividend payout ratio is presently -251.43%.

Analyst Upgrades and Downgrades

AUGO has been the subject of a number of research analyst reports. Wall Street Zen lowered shares of Aura Minerals from a “strong-buy” rating to a “buy” rating in a report on Sunday, February 22nd. The Goldman Sachs Group upped their target price on shares of Aura Minerals from $46.60 to $52.80 and gave the stock a “buy” rating in a research note on Wednesday, December 3rd. JPMorgan Chase & Co. started coverage on shares of Aura Minerals in a research 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 research note on Monday, December 29th. Finally, Zacks Research upgraded Aura Minerals from a “hold” rating to a “strong-buy” rating in a report on Monday, March 2nd. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of $67.60.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Triumph Capital Management purchased a new position in Aura Minerals during the 4th quarter valued at about $25,000. Global Retirement Partners LLC purchased a new stake in shares of Aura Minerals in the 4th quarter worth approximately $34,000. Quarry LP purchased a new stake in shares of Aura Minerals in the 3rd quarter worth approximately $37,000. Hollencrest Capital Management boosted its stake in shares of Aura Minerals by 307.7% during the fourth quarter. Hollencrest Capital Management now owns 795 shares of the company’s stock valued at $40,000 after purchasing an additional 600 shares in the last quarter. Finally, Shell Asset Management Co. bought a new position in shares of Aura Minerals during the third quarter valued at approximately $43,000.

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.