The Goldman Sachs Group Begins Coverage on Aura Minerals (NASDAQ:AUGO)

Key Points

• The Goldman Sachs Group has initiated coverage on Aura Minerals (NASDAQ:AUGO) with a "buy" rating and a price target of $46.60, indicating a potential upside of 22.47% from its last closing price.
• Other analysts have issued mixed ratings on Aura Minerals, with consensus ratings of "Buy" and a price target of $43.30 from MarketBeat.
• Aura Minerals has a market capitalization of $3.14 billion and significant financial ratios, including a debt-to-equity ratio of 2.68 and a 52-week stock range from $11.19 to $38.86.

Equities research analysts at The Goldman Sachs Group initiated coverage on shares of Aura Minerals (NASDAQ:AUGO - Get Free Report) in a research note issued on Monday, MarketBeat Ratings reports. The firm set a "buy" rating and a $46.60 price target on the stock. The Goldman Sachs Group's target price indicates a potential upside of 22.47% from the company's previous close.

A number of other analysts have also recently issued reports on AUGO. Weiss Ratings reissued a "hold (c)" rating on shares of Aura Minerals in a research report on Wednesday, October 8th. Wall Street Zen raised Aura Minerals from a "buy" rating to a "strong-buy" rating in a research note on Friday, September 26th. Finally, Bank of America began coverage on Aura Minerals in a research note on Monday, September 22nd. They set a "buy" rating and a $40.00 price objective for the company. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, Aura Minerals presently has a consensus rating of "Buy" and a consensus price target of $43.30.

Aura Minerals Price Performance

Shares of NASDAQ AUGO opened at $38.05 on Monday. The stock has a market capitalization of $3.14 billion and a P/E ratio of -46.40. 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 has a 52-week low of $11.19 and a 52-week high of $38.86.

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.