Aurubis (AIAGY) to Post Quarterly Earnings on Thursday

Aurubis (OTCMKTS:AIAGY) is projected to release its results before the market opens on Thursday, August 6th. Analysts expect the company to post earnings of $1.36 per share and revenue of $7.08 billion for the quarter.

Aurubis Price Performance

Shares of AIAGY opened at $102.50 on Wednesday. Aurubis has a twelve month low of $54.77 and a twelve month high of $128.53. The company has a 50 day moving average of $108.26 and a 200-day moving average of $102.49.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the stock. Morgan Stanley upgraded shares of Aurubis from an “underweight” rating to an “equal weight” rating in a report on Wednesday, April 8th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Aurubis in a research note on Tuesday, May 12th. Two equities research analysts have rated the stock with a Hold rating, According to MarketBeat, the company currently has an average rating of “Hold”.

Aurubis Company Profile

Aurubis AG, headquartered in Hamburg, Germany, is a leading integrated copper producer and recycler. Founded in 1866 as Norddeutsche Affinerie, the company has evolved into a global multi‐metal provider, focusing on the smelting, refining and recycling of copper concentrates and copper scrap. Aurubis serves as a key supplier of high‐purity copper products to industries such as electrical engineering, construction, automotive and electronics.

The company’s core activities encompass primary copper production from mined concentrates and secondary production from recycled materials.