Aura Minerals (NASDAQ:AUGO) Stock Rating Lowered 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 report issued to clients and investors on Sunday.

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

Aura Minerals Price Performance

Shares of NASDAQ:AUGO opened at $79.39 on Friday. The company has a debt-to-equity ratio of 1.05, a quick ratio of 1.37 and a current ratio of 1.62. The firm has a market cap of $6.56 billion and a PE ratio of -134.56. The business’s 50 day simple moving average is $61.03. Aura Minerals has a one year low of $14.69 and a one year high of $80.35.

Hedge Funds Weigh In On Aura Minerals

Institutional investors have recently modified their holdings of the business. Triumph Capital Management acquired a new position in shares of Aura Minerals in the 4th quarter valued at approximately $25,000. Global Retirement Partners LLC bought a new position in Aura Minerals in the fourth quarter valued at approximately $34,000. Quarry LP acquired a new position in shares of Aura Minerals in the third quarter valued at approximately $37,000. Hollencrest Capital Management increased its position in shares of Aura Minerals by 307.7% during the fourth quarter. Hollencrest Capital Management now owns 795 shares of the company’s stock worth $40,000 after acquiring an additional 600 shares in the last quarter. Finally, Shell Asset Management Co. bought a new stake in shares of Aura Minerals during the third quarter worth $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.