Aura Minerals (NASDAQ:AUGO) Upgraded at Wall Street Zen

Aura Minerals (NASDAQ:AUGO) was upgraded by stock analysts at Wall Street Zen from a “buy” rating to a “strong-buy” rating in a research report issued on Saturday.

Other equities research analysts also recently issued research reports about the stock. Zacks Research downgraded shares of Aura Minerals from a “strong-buy” rating to a “hold” rating in a research report on Friday, January 30th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Aura Minerals in a research note on Monday, December 29th. Finally, The Goldman Sachs Group increased their price objective on Aura Minerals from $46.60 to $52.80 and gave the stock a “buy” rating in a report on Wednesday, December 3rd. Two equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $48.90.

Aura Minerals Price Performance

NASDAQ AUGO opened at $72.36 on Friday. The company has a quick ratio of 1.37, a current ratio of 1.62 and a debt-to-equity ratio of 1.05. The stock has a market capitalization of $5.98 billion and a price-to-earnings ratio of -122.64. The stock has a 50 day moving average of $57.68. Aura Minerals has a 52-week low of $14.69 and a 52-week high of $76.80.

Institutional Investors Weigh In On Aura Minerals

A number of large investors have recently bought and sold shares of the business. Ashoka WhiteOak Capital Pte Ltd acquired a new position in Aura Minerals during the third quarter worth $874,000. Diversified Trust Co bought a new stake in shares of Aura Minerals during the 3rd quarter worth about $216,000. U S Global Investors Inc. acquired a new position in shares of Aura Minerals during the 3rd quarter valued at about $3,721,000. North of South Capital LLP acquired a new position in shares of Aura Minerals during the 3rd quarter valued at about $3,088,000. Finally, Teacher Retirement System of Texas bought a new position in shares of Aura Minerals in the 3rd quarter valued at approximately $16,744,000.

About Aura Minerals

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.