Aura Minerals (NASDAQ:AUGO) Upgraded by Wall Street Zen to Strong-Buy Rating
by Scott Moore · The Cerbat GemWall Street Zen upgraded shares of Aura Minerals (NASDAQ:AUGO – Free Report) from a buy rating to a strong-buy rating in a research report sent to investors on Sunday.
AUGO has been the topic of a number of other research reports. Zacks Research upgraded shares of Aura Minerals from a “hold” rating to a “strong-buy” rating in a research note on Thursday, January 1st. Bank of America upped their target price on Aura Minerals from $40.00 to $45.00 and gave the company a “buy” rating in a research report on Thursday, October 16th. The Goldman Sachs Group lifted their price target on Aura Minerals from $46.60 to $52.80 and gave the stock a “buy” rating in a report on Wednesday, December 3rd. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Aura Minerals in a report on Monday, December 29th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of $48.90.
View Our Latest Stock Report on AUGO
Aura Minerals Trading Up 3.0%
AUGO opened at $52.75 on Friday. The firm has a fifty day simple moving average of $43.02. Aura Minerals has a 1-year low of $11.99 and a 1-year high of $55.40. The company has a market cap of $4.36 billion and a PE ratio of -89.41. The company has a current ratio of 1.12, a quick ratio of 0.83 and a debt-to-equity ratio of 2.68.
Aura Minerals (NASDAQ:AUGO – Get Free Report) last released its quarterly earnings data on Tuesday, November 4th. The company reported $0.07 EPS for the quarter, missing analysts’ consensus estimates of $0.97 by ($0.90). The company had revenue of $247.83 million for the quarter. Aura Minerals had a positive return on equity of 93.74% and a negative net margin of 5.55%.Aura Minerals’s revenue was up 58.7% compared to the same quarter last year.
Aura Minerals Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Friday, November 21st. Shareholders of record on Monday, November 17th were paid a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a yield of 3.6%. The ex-dividend date was Monday, November 17th. Aura Minerals’s dividend payout ratio (DPR) is -325.42%.
Institutional Trading of Aura Minerals
Several large investors have recently modified their holdings of AUGO. Capital World Investors acquired a new position in Aura Minerals in the third quarter valued at about $60,284,000. SPX Gestao de Recursos Ltda bought a new position in Aura Minerals in the 3rd quarter valued at about $29,988,000. JPMorgan Chase & Co. acquired a new position in shares of Aura Minerals in the 3rd quarter valued at approximately $27,097,000. Bank of America Corp DE acquired a new position in shares of Aura Minerals in the 3rd quarter valued at approximately $17,623,000. Finally, Marshall Wace LLP bought a new stake in shares of Aura Minerals during the 3rd quarter worth approximately $17,483,000.
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.