Diversified Trust Co. Acquires 11,300 Shares of Aura Minerals Inc. $AUGO

Diversified Trust Co. increased its holdings in Aura Minerals Inc. (NASDAQ:AUGO) by 194.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 17,100 shares of the company’s stock after purchasing an additional 11,300 shares during the quarter. Diversified Trust Co.’s holdings in Aura Minerals were worth $862,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently modified their holdings of AUGO. Quarry LP purchased a new position in shares of Aura Minerals in the third quarter worth $37,000. Shell Asset Management Co. purchased a new stake in Aura Minerals in the third quarter worth $43,000. Banque Cantonale Vaudoise purchased a new position in Aura Minerals during the 3rd quarter valued at $108,000. BNP Paribas Financial Markets purchased a new position in shares of Aura Minerals during the third quarter valued at about $145,000. Finally, State of Wyoming bought a new position in Aura Minerals in the third quarter worth about $164,000.

Aura Minerals Stock Performance

Shares of AUGO opened at $70.07 on Friday. The business has a 50-day simple moving average of $72.99 and a two-hundred day simple moving average of $51.68. The stock has a market cap of $5.85 billion and a price-to-earnings ratio of -66.73. Aura Minerals Inc. has a 52 week low of $15.00 and a 52 week high of $90.19. 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 (NASDAQ:AUGO) last issued its quarterly earnings results on Saturday, February 14th. The company reported ($0.24) earnings per share for the quarter. Aura Minerals had a negative net margin of 8.61% and a positive return on equity of 94.81%. The firm had revenue of $321.66 million for the quarter.

Aura Minerals Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 18th. Investors of record on Wednesday, March 11th were paid a dividend of $0.66 per share. This represents a $2.64 annualized dividend and a yield of 3.8%. The ex-dividend date of this dividend was Wednesday, March 11th. Aura Minerals’s dividend payout ratio (DPR) is -251.43%.

Insider Activity

In other news, CEO Rodrigo Cardoso Barbosa sold 5,000 shares of the business’s stock in a transaction on Friday, March 20th. The shares were sold at an average price of $61.75, for a total value of $308,750.00. Following the transaction, the chief executive officer owned 854,745 shares of the company’s stock, valued at approximately $52,780,503.75. The trade was a 0.58% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Analysts Set New Price Targets

Several brokerages have recently issued reports on AUGO. 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. Zacks Research upgraded shares of 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 shares of Aura Minerals in a report on Wednesday, February 25th. They issued an “overweight” rating and a $105.00 target price for the company. Finally, Wall Street Zen downgraded Aura Minerals from a “strong-buy” rating to a “buy” rating in a research note on Sunday, February 22nd. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, Aura Minerals presently has a consensus rating of “Buy” and a consensus target price of $67.60.

Aura Minerals 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.