Aura Minerals (NASDAQ:AUGO) Stock Rating Lowered by Wall Street Zen

Aura Minerals (NASDAQ:AUGO) was downgraded by research analysts at Wall Street Zen from a “strong-buy” rating to a “buy” rating in a note issued to investors on Sunday.

Several other equities research analysts have also recently weighed in on AUGO. Weiss Ratings reiterated a “hold (c)” rating on shares of Aura Minerals in a report on Monday, December 29th. Zacks Research downgraded Aura Minerals from a “strong-buy” rating to a “hold” rating in a report on Friday, January 30th. Finally, The Goldman Sachs Group lifted their price target on shares of Aura Minerals from $46.60 to $52.80 and gave the company a “buy” rating in a report on Wednesday, December 3rd. Two analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $48.90.

Aura Minerals Trading Up 5.7%

Aura Minerals stock opened at $74.59 on Friday. The company has a current ratio of 1.62, a quick ratio of 1.37 and a debt-to-equity ratio of 1.05. The stock has a market capitalization of $6.16 billion and a price-to-earnings ratio of -126.42. Aura Minerals has a 1-year low of $14.69 and a 1-year high of $76.80. The business’s 50-day moving average price is $60.38.

Hedge Funds Weigh In On Aura Minerals

Several institutional investors and hedge funds have recently added to or reduced their stakes in AUGO. U S Global Investors Inc. purchased a new position in shares of Aura Minerals during the third quarter valued at approximately $3,721,000. TD Waterhouse Canada Inc. purchased a new stake in Aura Minerals in the third quarter worth approximately $1,532,000. Ashoka WhiteOak Capital Pte Ltd bought a new stake in Aura Minerals in the 3rd quarter worth approximately $874,000. Y Intercept Hong Kong Ltd purchased a new stake in Aura Minerals during the 3rd quarter valued at $646,000. Finally, Cibc World Market Inc. bought a new position in shares of Aura Minerals during the 3rd quarter valued at $2,968,000.

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.