Aura Minerals Inc. (NASDAQ:AUGO) Short Interest Update

Aura Minerals Inc. (NASDAQ:AUGO) was the target of a significant drop in short interest during the month of September. As of September 15th, there was short interest totaling 41,400 shares, a drop of 60.4% from the August 31st total of 104,600 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average trading volume of 219,100 shares, the short-interest ratio is currently 0.2 days. Based on an average trading volume of 219,100 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the shares of the company are short sold.

Analyst Ratings Changes

AUGO has been the topic of several research analyst reports. Wall Street Zen upgraded shares of Aura Minerals from a “buy” rating to a “strong-buy” rating in a research note on Friday, September 26th. Weiss Ratings restated a “hold (c)” rating on shares of Aura Minerals in a research note on Saturday, September 27th. Finally, Bank of America initiated coverage on shares of Aura Minerals in a research note on Monday, September 22nd. They issued a “buy” rating and a $40.00 price objective on the stock. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, Aura Minerals has an average rating of “Moderate Buy” and an average price target of $40.00.

Aura Minerals Trading Down 1.7%

AUGO opened at $36.13 on Friday. Aura Minerals has a fifty-two week low of $11.01 and a fifty-two week high of $37.78. The company has a debt-to-equity ratio of 2.68, a quick ratio of 0.83 and a current ratio of 1.12. The firm has a market cap of $2.99 billion and a price-to-earnings ratio of -44.06.

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.