Aura Minerals Inc. (NASDAQ:AUGO) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Aura Minerals Inc. (NASDAQ:AUGO) has earned an average rating of “Moderate Buy” from the five research firms that are presently covering the company, Marketbeat reports. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average twelve-month price target among analysts that have covered the stock in the last year is $67.60.

Several equities analysts have recently issued reports on the company. Zacks Research cut Aura Minerals from a “strong-buy” rating to a “hold” rating in a research note on Friday, January 30th. The Goldman Sachs Group boosted their price objective on shares of Aura Minerals from $46.60 to $52.80 and gave the company a “buy” rating in a research report on Wednesday, December 3rd. JPMorgan Chase & Co. initiated coverage on shares of Aura Minerals in a report on Wednesday. They issued an “overweight” rating and a $105.00 price objective for the company. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Aura Minerals in a research note on Monday, December 29th. Finally, Wall Street Zen cut shares of Aura Minerals from a “strong-buy” rating to a “buy” rating in a research report on Sunday.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in AUGO. Triumph Capital Management bought a new stake in shares of Aura Minerals during the fourth quarter valued at approximately $25,000. Global Retirement Partners LLC purchased a new position in Aura Minerals during the fourth quarter valued at $34,000. Quarry LP bought a new stake in shares of Aura Minerals during the 3rd quarter valued at $37,000. Hollencrest Capital Management grew its position in shares of 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 buying an additional 600 shares during the period. Finally, Shell Asset Management Co. purchased a new stake in shares of Aura Minerals in the 3rd quarter worth about $43,000.

Aura Minerals Price Performance

AUGO opened at $80.75 on Wednesday. Aura Minerals has a one year low of $14.69 and a one year high of $81.65. The company has a debt-to-equity ratio of 1.05, a current ratio of 1.62 and a quick ratio of 1.37. The firm’s 50 day simple moving average is $61.71. The company has a market cap of $6.67 billion and a price-to-earnings ratio of -136.86.

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.