Aura Minerals (NASDAQ:AUGO) CEO Rodrigo Cardoso Barbosa Sells 5,000 Shares

Aura Minerals Inc. (NASDAQ:AUGO) CEO Rodrigo Cardoso Barbosa sold 5,000 shares of Aura Minerals stock in a transaction dated Friday, March 20th. The shares were sold at an average price of $61.75, for a total transaction of $308,750.00. Following the completion of the sale, the chief executive officer owned 854,745 shares in the company, valued at approximately $52,780,503.75. This trade represents a 0.58% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

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

• On Thursday, March 19th, Rodrigo Cardoso Barbosa sold 10,000 shares of Aura Minerals stock. The stock was sold at an average price of $65.82, for a total transaction of $658,200.00.

Aura Minerals Stock Up 7.2%

AUGO opened at $65.44 on Tuesday. The company has a market cap of $5.47 billion and a PE ratio of -62.32. Aura Minerals Inc. has a twelve month low of $15.00 and a twelve month high of $90.19. The company has a 50-day moving average price of $72.25 and a 200 day moving average price of $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 company also recently announced a quarterly dividend, which was paid on Wednesday, March 18th. Shareholders of record on Wednesday, March 11th were issued a dividend of $0.66 per share. The ex-dividend date of this dividend 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%.

Analysts Set New Price Targets

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

Institutional Investors Weigh In On Aura Minerals

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Citigroup Inc. acquired a new position in Aura Minerals during the third quarter worth $1,997,000. JPMorgan Chase & Co. acquired a new stake in shares of Aura Minerals in the 3rd quarter worth $27,097,000. Artisan Partners Limited Partnership acquired a new stake in shares of Aura Minerals in the 3rd quarter worth $1,819,000. U S Global Investors Inc. purchased a new position in shares of Aura Minerals during the 3rd quarter worth $3,721,000. Finally, TD Waterhouse Canada Inc. purchased a new position in shares of Aura Minerals during the 3rd quarter worth $1,532,000.

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.