Y Intercept Hong Kong Ltd Takes Position in Aura Minerals Inc. $AUGO

Y Intercept Hong Kong Ltd acquired a new stake in Aura Minerals Inc. (NASDAQ:AUGO) in the 3rd quarter, according to its most recent filing with the SEC. The fund acquired 17,364 shares of the company’s stock, valued at approximately $646,000.

Other hedge funds have also recently bought and sold shares of the company. Diversified Trust Co bought a new position in Aura Minerals in the third quarter valued at approximately $216,000. Ashoka WhiteOak Capital Pte Ltd acquired a new stake in shares of Aura Minerals during the third quarter worth $874,000. North of South Capital LLP bought a new stake in Aura Minerals in the 3rd quarter valued at $3,088,000. U S Global Investors Inc. acquired a new position in Aura Minerals in the 3rd quarter worth $3,721,000. Finally, Teacher Retirement System of Texas bought a new position in Aura Minerals during the 3rd quarter worth about $16,744,000.

Analyst Ratings Changes

Several research firms have issued reports on AUGO. The Goldman Sachs Group lifted their price target on Aura Minerals from $46.60 to $52.80 and gave the company a “buy” rating in a research note on Wednesday, December 3rd. Zacks Research lowered Aura Minerals from a “strong-buy” rating to a “hold” rating in a research report on Friday, January 30th. Wall Street Zen downgraded Aura Minerals from a “strong-buy” rating to a “buy” rating in a research report on Monday, January 19th. Bank of America raised their price target on shares of Aura Minerals from $40.00 to $45.00 and gave the stock a “buy” rating in a research note on Thursday, October 16th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Aura Minerals in a report on Monday, December 29th. Two equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $48.90.

Aura Minerals Stock Performance

Shares of NASDAQ AUGO opened at $64.72 on Wednesday. The company has a quick ratio of 0.83, a current ratio of 1.12 and a debt-to-equity ratio of 2.68. The company’s 50 day moving average is $53.04. The firm has a market capitalization of $5.35 billion and a PE ratio of -109.69. Aura Minerals Inc. has a 52 week low of $14.01 and a 52 week high of $76.80.

Aura Minerals (NASDAQ:AUGO) last posted its quarterly earnings results on Tuesday, November 4th. The company reported $0.07 earnings per share for the quarter, missing the consensus estimate 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%.The company’s revenue for the quarter was up 58.7% on a year-over-year basis.

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.