Aura Minerals director Sousa Mauad sells $620,940 in common shares
Sousa Mauad, a director at Aura Minerals Inc., sold a total of $620,940 worth of common shares on November 11, 2026. The shares were sold in two separate transactions, amounting to 9,495 shares in total. In the first sale, Mauad disposed of 910 shares at a weighted average price of $81.7371 per share, with individual transactions ranging from $81.72 to $81.82.
In the second sale, he sold 6,585 shares at a weighted average price of $83.0007 per share, with prices between $82.89 and $83.30. Both sets of shares were indirectly owned by Kapitalo Investimentos. Following the sales, Mauad indirectly holds 183,046 shares through Kapitalo Investimentos. The insider sale occurred as Aura Minerals shares traded at $75.02, below the transaction prices, after a 121% gain over the past year.
Analysts consider the stock undervalued, citing its potential as a strong investment opportunity. Aura Minerals reported third-quarter results that exceeded Wall Street's expectations, with higher-than-forecasted adjusted earnings and revenue. The company generated strong cash flow and maintained a positive outlook for full-year production.
Written by urgent.news from Investing.com's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.