Aura Minerals (NASDAQ:AUGO) Lowered to “Buy” Rating by Wall Street Zen

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

A number of other analysts have also recently commented on the stock. Zacks Research cut shares of Aura Minerals from a “strong-buy” rating to a “hold” rating in a report on Friday, January 30th. Weiss Ratings restated a “hold (c)” rating on shares of Aura Minerals in a research note on Monday, December 29th. Finally, The Goldman Sachs Group raised their target price on Aura Minerals from $46.60 to $52.80 and gave the stock a “buy” rating in a report on Wednesday, December 3rd. Two research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $48.90.

Aura Minerals Stock Up 5.7%

Aura Minerals stock opened at $74.59 on Friday. Aura Minerals has a 52-week low of $14.69 and a 52-week high of $76.80. The company has a market cap of $6.16 billion and a P/E ratio of -126.42. 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 company’s 50-day moving average price is $60.38.

Institutional Investors Weigh In On Aura Minerals

A number of institutional investors have recently bought and sold shares of AUGO. Triumph Capital Management bought a new stake in Aura Minerals during the fourth quarter valued at about $25,000. Global Retirement Partners LLC bought a new stake in Aura Minerals during the 4th quarter valued at approximately $34,000. Quarry LP bought a new stake in Aura Minerals during the 3rd quarter valued at approximately $37,000. Hollencrest Capital Management lifted its holdings in Aura Minerals by 307.7% in the 4th quarter. Hollencrest Capital Management now owns 795 shares of the company’s stock worth $40,000 after purchasing an additional 600 shares in the last quarter. Finally, Shell Asset Management Co. bought a new position in Aura Minerals in the 3rd quarter worth approximately $43,000.

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.