Aura Minerals (NASDAQ:AUGO) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Aura Minerals (NASDAQ:AUGO) from a buy rating to a strong-buy rating in a research note issued to investors on Sunday morning.

Several other equities analysts have also recently weighed in on AUGO. Bank of America lifted their price target on Aura Minerals from $40.00 to $45.00 and gave the company a “buy” rating in a research report on Thursday, October 16th. Weiss Ratings restated a “hold (c)” rating on shares of Aura Minerals in a research note on Monday, December 29th. The Goldman Sachs Group lifted their target price on Aura Minerals from $46.60 to $52.80 and gave the company a “buy” rating in a report on Wednesday, December 3rd. Finally, Zacks Research raised shares of Aura Minerals from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 1st. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, Aura Minerals presently has an average rating of “Buy” and a consensus target price of $48.90.

Aura Minerals Trading Up 1.1%

Shares of AUGO stock opened at $57.41 on Friday. The company’s 50 day simple moving average is $44.02. The stock has a market cap of $4.74 billion and a PE ratio of -97.31. Aura Minerals has a 12 month low of $12.19 and a 12 month high of $58.65. The company has a quick ratio of 0.83, a current ratio of 1.12 and a debt-to-equity ratio of 2.68.

Aura Minerals (NASDAQ:AUGO) last released its quarterly earnings data on Tuesday, November 4th. The company reported $0.07 earnings per share for the quarter, missing analysts’ consensus estimates of $0.97 by ($0.90). Aura Minerals had a negative net margin of 5.55% and a positive return on equity of 93.74%. The business had revenue of $247.83 million during the quarter. The firm’s revenue for the quarter was up 58.7% compared to the same quarter last year.

Aura Minerals Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, November 21st. Shareholders of record on Monday, November 17th were paid a dividend of $0.48 per share. The ex-dividend date of this dividend was Monday, November 17th. This represents a $1.92 annualized dividend and a dividend yield of 3.3%. Aura Minerals’s dividend payout ratio (DPR) is -325.42%.

Institutional Investors Weigh In On Aura Minerals

A number of institutional investors have recently made changes to their positions in AUGO. Ashoka WhiteOak Capital Pte Ltd bought a new position in shares of Aura Minerals during the 3rd quarter valued at $874,000. Diversified Trust Co purchased a new stake in Aura Minerals during the third quarter valued at about $216,000. U S Global Investors Inc. bought a new position in shares of Aura Minerals during the third quarter valued at about $3,721,000. North of South Capital LLP purchased a new position in shares of Aura Minerals in the third quarter worth about $3,088,000. Finally, Teacher Retirement System of Texas purchased a new position in shares of Aura Minerals in the third quarter worth about $16,744,000.

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. 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.